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Boston Stock Exchange Selects Market Systems Technology's Market Access Ticker Processing Solution with Fault-Tolerant Stratus ftServer System.


BOSTON -- Leading exchange relies on MST's highly scalable, low latency Low latency allows human-unnoticeable delays between an input being processed and the corresponding output providing real time characteristics. This can be especially important for internet connections utilizing services such as online gaming and VOIP - VOIP is not as important as , high-performance Market Access ticker plant on ultra-high availability server platform running Linux.

Market Systems Technology, Inc. (MST See micro systems technology. ), provider of low latency solutions for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry, today announced that the Boston Stock Exchange The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million.  has purchased its Market Access(R) ticker processing system on an Intel-based fault-tolerant Linux server platform from Stratus Technologies Stratus Technologies is a Maynard, Massachusetts based producer of fault tolerant computers. Stratus Technologies is a 1999 spinoff of Stratus Computer founded in 1980. , Inc. Market Access is a cost-effective, highly scalable solution for processing exchange data directly from sources such as OPRA OPRA Open Public Records Act (New Jersey)
OPRA Occupational Pensions Regulatory Authority (UK government)
OPRA Options Price Reporting Authority
OPRA Ohio Parks and Recreation Association
, the NYSE NYSE

See: New York Stock Exchange
, and other exchanges and ECNs.

"When it comes to evaluating a mission-critical application like ticker processing or messaging, stock exchanges have the highest possible requirements for performance and availability," said Jack Swan, president of MST. "The proven performance, reliability, and minimal latency of Market Access together with the continuously available ftServer(R) platform from Stratus, the leader in fault-tolerant technology, exceeds these requirements and will scale to meet BSE's future needs."

The Exchange, which operates its existing Market Access ticker plant on hardware from Stratus, chose to upgrade the complete solution by investing in the newest open-systems technology offered by both suppliers. "Market Access on the Stratus ft Linux(R) platform gives us low latency and high availability, and allows us to take advantage of the cost-effective performance of Linux," said Yann L'Huillier Vice President of Trading Systems at the BSE See Bombay Stock Exchange.

BSE

See Boston Stock Exchange (BSE).
. "Our current Market Access ticker plant, running on Stratus' VOS An operating system used in Stratus computers. FTX is Stratus' Unix operating system.  operating system, has proven to be a key enabler of the BSE's success over the years. The new system will allow us to continue to reliably provide our member firms with real time data, while positioning us for future growth." BSE plans deployment of the system in the spring.

Market Access is capable of handling hundreds of exchange feeds and data sources, and processing over 100,000 messages per second with near-zero latency. The combined MST/Stratus solution is a cost-effective replacement for existing ticker systems that may be difficult to maintain and upgrade, and strained by increasing data volumes. Its affordability also makes this solution suitable for hedge funds, banks, broker/dealers, and others who can benefit from reliably receiving market data directly from exchange sources.

Market Access is available for Stratus(R) systems running VOS, ft Linux, and Microsoft(R) Windows. A variety of configurations, such as multiprocessor, multi-server, and clustered server, are available.

About the Boston Stock Exchange, Inc.

Founded in 1834 as the third oldest exchange in the U.S., the Boston Stock Exchange (BSE) has, from its beginnings, played a vital role as a leading regional exchange within the strongest capital market system in the world. Today, the BSE offers exceptional market quality, specialized trading services, innovative technology and outstanding customer service to broker-dealers, investment institutions, and listed public companies. The BSE is currently executing in excess of 185 million shares of listed and over-the-counter securities. Additional information can be found at www.bostonstock.com.

About Stratus Technologies

Stratus Technologies is a global provider of fault-tolerant computer servers, technologies and services, with more than 20 years of experience focused in the fault-tolerant server market. Stratus(R) servers provide high levels of reliability relative to the server industry, delivering 99.999% uptime or better. Stratus servers and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  are used by customers for their critical computer-based operations that are required to be continuously available for the proper functioning of their businesses. For more information, visit www.stratus.com.

About Market Systems Technology

Market Systems Technology, Inc., formerly a division of Dow Jones and Co., has been a premium provider of solutions for the financial services industry for over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
     2.
. MST, a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market
close corporation, closed corporation, private corporation
 based in Boston, Massachusetts, is a member of the Stratus ftServer(R) Partner Program. MST's product line also includes Market Data Network messaging middleware, a high-performance, low latency middleware solution designed for the financial services industry. For more information about Market Systems Technology, visit http://www.mktsystech.com, or email info@mktsystech.com.

Copyright (C)2005 Market Systems Technology, Inc. All Rights Reserved.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 28, 2005
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