Trade Xccelerator Upgrade Produces Outstanding Performance Improvements
(Thomson Reuters ONE) -
The predicted session ranking is updated more frequently which substantially
reduces latency
NEW YORK and WILMINGTON, N.C., Oct. 09, 2017 (GLOBE NEWSWIRE) -- Cape City
Command, LLC announced today major changes to its patented Trade Xccelerator
appliance. Using multicore programming, parallel architecture, kernel by-pass
for fast track packet processing, and a new programmable network processor, the
Trade Xccelerator has been extensively upgraded. The core algorithms that
predict the best choice session were also improved. Fresh session rankings are
produced five times faster and freshness impacts the accuracy of the
prediction. After two years of development and six months of laboratory and
field testing, the results have been stunning - a 500% improvement in the
ranking accuracy versus the previous version of the Trade Xccelerator!
Customers formerly using a round robin method for session selection reported an
average order ack time improvement of 86% to 93%. For customers using other
internally developed software methods, the average ack improvement ranged from
29% to 48%.
The Trade Xccelerator is deployed in co-location sites, proximity hosted sites
and user trading hubs where it predicts the session with the least latency for
each trade. This automatic latency reduction requires a new product category,
not a monitor, but rather a purpose-built appliance with mission specific
hardware and software. The value proposition is faster average order
acknowledgment time - improving fill rates that impact trading revenue and
profit.
The predicted session ranking is continuously produced by processing predictive
indicators at both the transport and the application layer. The technology
continuously analyzes these indicators to predict the session with the least
latency. The continuous real time analysis of both transport and application
layer indicators produces an accurate, best choice session recommendation.
John Robison, Founder and CEO, said: "We are pleased to offer the upgraded Trade
Xccelerator at no charge to our customers with Maintenance and Support
Agreements. This upgrade is an example of our ongoing commitment to
continuously research and develop improvements and innovations for the
electronic trading marketplace."
About Cape City Command: Cape City Command produces purpose-built appliances for
electronic trading. Unlike traditional passive monitors and network tools, our
focus is on devices that continuously and automatically enable automatic actions
that seize opportunities and avoid problems.
Contact:
Jill Cuba
jcuba(at)capecitycommand.com
910 799-9770
For more information please visit
www.capecitycommand.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cape City Command via GlobeNewswire
Datum: 09.10.2017 - 16:00 Uhr
Sprache: Deutsch
News-ID 562930
Anzahl Zeichen: 3403
contact information:
Town:
Wilmington
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 231 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Trade Xccelerator Upgrade Produces Outstanding Performance Improvements"
steht unter der journalistisch-redaktionellen Verantwortung von
Cape City Command (Nachricht senden)
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