Alpha ATS Set for Engine Update

"We don't have a hard timeline yet," says Karl Ottywill, CTO of Alpha. "We are currently on version 7, so version 8 is fairly new for us. We have had discussions with Cinnober on the advantages of moving to the new version, but that will occur more likely in the third or fourth quarter."

According to Cinnober officials, the latest version of the matching engine provides the option of using application-level asynchronous replication between their primary and standby TradExpress servers.

The

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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