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Author: Steve Dew-Jones
Source: Sell-Side Technology | 14 Dec 2012
Categories: Trading Floor Technologies | Latency
Chile's stock exchange, Bolsa Electronica de Chile, has gone live with Nasdaq OMX's X-stream trading platform.
The platform offers improved performance, lower latency and increased throughput capacity, according to Bolsa Electronica de Chile's Fernando Cañas, president of the board of directors. Nasdaq OMX is also aiding the exchange in its efforts to cross-list shares, develop new indices and expand existing indices.
"Today marks a significant event in Bolsa Electronica de Chile's history," says Cañas. "Launching Nasdaq OMX's world renowned trading technology will not only open doors to new investors who wish to enter the Chilean marketplace; it also signals our dedication to long-term growth and our strategic vision. We could not have chosen a better technology and advisory services provider to partner with."
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