Today Mellanox announced that its high performance InfiniBand solutions have been selected by NASDAQ OMX NLX to enable fast, reliable trading. NLX, the new London derivatives market, will offer a range of both short- and long-term interest rate euro- and sterling-based listed derivatives products, subject to Financial Services Authority approval. InfiniBand will act as the server interconnect for NLX’s matching engines.
Mellanox is a well-known and trusted supplier for providing low latency solutions for trade matching and execution,” said Carl Slesser, chief technology officer, NLX. “We are working with our partners to ensure we offer a robust and efficient environment to trade both ends of the interest rate curve on a single market.”
In addition to Mellanox’s InfiniBand interconnect solutions, NASDAQ OMX NLX will use Mellanox’s VMA messaging accelerator to cut 60-to-70 percent of the server-to-server latency and eliminate jitter. Read the Full Story.