Cutting-edge Swiss Technology Boosts the Speed of Stock Trading Via Personal Digital Assistants - PDAs -.Business Editors/Hi Tech Writers ZURICH, Switzerland--(BUSINESS WIRE)--Jan. 13, 2001 Innovative solution from esmertec makes PDA-based stock trading possible in Switzerland There are few places where speed and continuous availability are so vitally important as on the financial markets. "Youtrade on Palm" was designed to meet this need. The latest offering from youtrade, the online broker from CS launched on 9 December 2000, gives users a number of crucial benefits: Youtrade on Palm enables them to follow trading with a PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). anytime, anywhere in Switzerland. To guarantee the speed required for the application, Ergon Informatik, who has developed the software for Youtrade in cooperation with CS, selected a fast Java virtual machine A Java interpreter. The Java Virtual Machine (JVM) is software that converts the Java intermediate language (bytecode) into machine language and executes it. The original JVM came from the JavaSoft division of Sun. (JVM See Java Virtual Machine. JVM - Java Virtual Machine ) known as Jbed Micro Edition CLDC See J2ME. from esmertec. "We opted for the Jbed Micro Edition because it's faster and more advanced than comparable Java virtual machines This article provides non-exhaustive lists of J2SE Java virtual machines (JVMs). It does not include a large number of Java Platform, Micro Edition (J2ME) vendors. Note that J2EE runs on the standard J2SE JVM but that some vendors specialize in providing a modified JVM optimized . Speed is of paramount importance to our client, Credit Suisse, as well as ourselves," says Patrick Burkhalter, Ergon Informatik's general manager. The 128-bit encryption technology used by youtrade is based on a Java SSL 3.0 implementation. This gives Youtrade on Palm the same high security standards required for Internet banking in Switzerland. Data is transmitted via the infrared interface of the PDA (Palm Pilot, Visor or IBM Workpad) and mobile phone. Youtrade on Palm offers the same services as the Internet-based version of youtrade: buying and selling of securities on the Zurich, New York, NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and XETRA Xetra Deutsche Borse electronic trading platform that commenced operation in 1997. markets as well as a full range of information with stock market prices, market information and charts. Jbed Micro Edition CLDC was developed specially for personal digital assistants and other equipment with limited storage capacity, such as mobile phones and Internet devices. It is an extremely fast and compact Java run-time environment (language) Java Run-Time Environment - (JRE) The part of the Java Development Kit required to run Java programs. The JRE consists of the Java Virtual Machine, the Java platform core classes and supporting files. that satisfies all criteria as regards speed and ease of use in everyday situations. The Target Bytecode Compiler (TBCC TBCC Tillamook Bay Community College TBCC Turbine-Based Combined Cycle TBCC Tennessee Business Card Club TBCC Transfer Between Cost Centers TBCC Thomas Bennett Community College TBCC Tailbiting Convolutional Code TBCC The Bean Coffee Company ) developed by esmertec generates performance at up to twenty times the speed of other technologies. Palm organizers are indisputably one of the most popular and successful products in the rapidly expanding PDA market. Youtrade on Palm, made possible by esmertec, is a powerful, innovative offer. About esmertec, inc. esmertec, headquartered in Switzerland with offices in the USA, is a leading global manufacturer of embedded Virtual Java Machines and integrated real-time Java. esmertec's Jbed product line is used mainly in telecommunications, home electronics, road vehicles, Internet applications, industrial automation and in the traditional embedded systems market. The company has a policy of continuous innovation that enables it to offer cutting-edge solutions for the embedded systems market. Jbed, Jbed Micro Edition CLDC and TBCC are trade marks of esmertec. Java and all Java-based trade marks are registered trade marks of Sun Microsystems, Inc. in the USA and other countries. Other brands and products are the trade marks of their respective owners. For further information, please visit our website at www.esmertec.com, send an e-mail to info@esmertec.com or contact us at our head offices: |
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