PHLX Enlists Savvis for New Network

EXCHANGE WATCH

The Philadelphia Stock Exchange has entered production testing with a new data distribution network hosted by network provider Savvis Communications, officials said last week.

The real-time multicast network will carry options index data upon its launch in September, says Thomas Wittman, executive vice-president and CIO of the Philadelphia Board of Trade, which is a subsidiary of PHLX.

This data is currently distributed via SIAC’s consolidated feed to multiple data vendors. The new network "

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