Exegy Doubles Appliance Capacity, Adds Derivatives Auction Support

The move is in response to anticipated increases in data messages resulting from new trading venues

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Over the last nine months, Exegy has made a number of improvements to its products to enable market makers, agency businesses and proprietary traders to handle new derivatives instruments, auction types and traffic requirements.

Exegy has doubled the “sustained” capacity of its Ticker Plant and Market Data System appliances—i.e., their capacity to normalize data, update the cache (the current state of the market for each instrument), compute the user-defined best bid and offer, and distribute a

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