Bridge Hits New Peak in Message Traffic Volume, Conducts Capacity Tests

DELIVERY TECHNOLOGIES

NEW YORK: When the Federal Reserve Board announced an interest rate reduction on Jan. 3, triggering a spike in trading volume and a record 14.7 percent recovery for the Nasdaq, Inside Market Data learned from Jeff Wells, senior vice president of product development at Bridge, that the market data vendor experienced its own record of 6,747 messages per second during the heaviest midday trading period on that day.

The new peak represents a five percent increase from the previous record of 6,41

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