Primex Trading Selects Talarian's Real-Time Infrastructure Software for its Primex Auction System.Business Editors/High-Tech Writers SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor CONFERENCE NEW YORK--(BUSINESS WIRE)--June 20, 2000 Scalability, Speed, Security are Key Factors for New System to be Used at Nasdaq(R) Talarian Corporation, a provider of real-time infrastructure software and multicast technologies, announced here today that Primex Trading N.A., LLC has chosen Talarian's SmartSockets 5.5 as the infrastructure software for the Primex Auction System(TM) . The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. , Inc. announced recently that Primex Trading(TM) has granted it the exclusive right to operate the Primex Auction System for U.S. equities. Primex Trading's electronic auction system enhances and automates trading methods similar to those found on a traditional, floor-based exchange. Because the Primex Auction System is electronic, it accommodates a larger number of participants than is possible on a physical trading floor. SmartSockets' messaging infrastructure helps the Primex Auction System conduct real-time auctions using a Nasdaq(R) auction-only network. Primex Trading is also making use of Talarian's RTgateway, a new product designed to increase the scalability of SmartSockets applications and add an additional layer of security to the system. SmartSockets and RTgateway will enable Primex Trading to expand the system as growth dictates. About Primex Primex Trading N.A., LLC is developing an electronic auction system that combines elements of today's dealer and exchange markets. Participants can enter orders into the Auction System to seek opportunities for price improvement and enhanced liquidity. See more at www.primextrading.com. About Talarian Talarian Corporation is a provider of real-time infrastructure software and multicast technology powering corporate organizations and the Internet. Talarian software is deployed by a number of large organizations in some of their more demanding applications, including SIAC SIAC See: Security Industry Automated Corporation SIAC See Securities Industry Automation Corporation (SIAC). (New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. ), Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , D.E. Shaw, Hewlett Packard, Lockheed Martin, Nortel Networks, Novell, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom, Micron Technology and Raytheon. Talarian is a member of the International Middleware Association (IMWA IMWA International Mine Water Association IMWA Ironman Western Australia IMWA International Middleware Association (was MOMA) IMWA International Movement Writing Alphabet (Sutton Movement Writing) ), the IMPI impi Noun pl -pi or -pies a group of Zulu warriors [Nguni (language group of southern Africa) impi regiment, army] , the Securities Industry Middleware Council (SIMC) and the Object Management Group (OMG). A privately-held company, Talarian is based in Los Altos, Calif., with satellite offices throughout the United States and the world. For more information, visit Talarian online at www.talarian.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion