Cinnober releases world's fastest real-time index engine

(Thomson Reuters ONE) -


Microsecond continuous updates with superior flexibility

Cinnober today announces the launch of TRADExpress Index Engine, the financial
industry's fastest real-time index engine. As the latest addition to the suite
of products based on Cinnober's proven TRADExpress platform, it will permit
exchanges and other actors to rapidly develop new indexes to fit their markets
and attract new business.

"The performance of our new ultra-speed Index Engine is measured in microseconds
without impinging on system availability or scalability," says Nils-Robert
Persson, Executive Chairman. "This makes it ideal for customers concerned about
agility and service levels in an increasingly competitive climate."

The Index Engine is a standalone product that connects to market data feeds or
even directly to feeds from different trading venues, and then calculates and
disseminates the indexes in real time after each updating event. Multiple plug-
ins for calculations and corporate actions are available, such as price weighted
index and market cap weighted index. These can be extended or replaced by
customized solutions. New plug-ins can be developed in days, rather than weeks.

"Once again, we seem to be striking the right note at Cinnober, since we are
delivering a solution shortly after the market has focused itself on a demand,"
says Persson. "And our independent status is something we can pass on to our
customers, creating market independence for them as well."

TRADExpress Indexing Engine is poised for its first delivery at the Stock
Exchange of Thailand (SET), where Cinnober is slated to deliver SET's trading,
market data and surveillance systems - all based on the TRADExpress platform.
The robust TRADExpress technical platform provides all the required technical
features: low latency, load balancing, partitioning, high availability, audit

logging and security.

"The Indexing Engine will help create more business opportunities for SET and
its market participants," says Charamporn Jotikasthira, President of the Stock
Exchange of Thailand. "It will make it easier to introduce new indexing products
and services much easier and faster - on our own."

Cinnober is the leading independent provider of marketplace and clearing
technology, delivering solutions for trading, market data distribution, market
surveillance, clearing and real-time risk management. Recently the Brazilian
giant BM&FBOVESPA chose Cinnober as its technology partner for a huge multi-
asset, post-trade and clearing project.

For further information, please contact:
Nils-Robert Persson
Executive Chairman
Cinnober Financial Technology
Tel. +46-(0)70 552 52 28

About Cinnober Financial Technology AB
Cinnober provides mission-critical solutions and services to leading trading and
clearing venues. Cinnober's solutions are based on the TRADExpress(TM) Platform
incorporating everything needed for mission-critical solutions in terms of
performance, robustness and flexibility. The portfolio of offerings includes
price discovery and matching, real-time risk management, clearing and
settlement, index calculation, data distribution and surveillance. Cinnober's
customers include Alpha Trading Systems, Borsa Italiana, BM&FBOVESPA, Burgundy,
Chicago Board Options Exchange, Deutsche Börse, Eurex, Hong Kong Mercantile
Exchange, London Metal Exchange, Markit BOAT, NYSE Liffe, Stock Exchange of
Thailand and Quadriserv. For additional information, please visit
www.cinnober.com.




Press release:
http://hugin.info/139660/R/1585220/497758.pdf




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originality of the information contained therein.

Source: Cinnober via Thomson Reuters ONE

[HUG#1585220]

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Bereitgestellt von Benutzer: hugin
Datum: 17.02.2012 - 10:42 Uhr
Sprache: Deutsch
News-ID 115931
Anzahl Zeichen: 4496

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