Quotix Selects Azul's JVM
Zing picked to fix Java garbage collection issues, latency outliers.
The decision to switch JVMs came during a period of regularly run tests to see how the system behaved during times of high volatility and observe the system's limits. Inconsistent trading execution occurred during the stress-tests, which simulated extreme market conditions.
The two issues Quotix's previous JVM, which was supplied by Oracle, suffered from were that it would stop to optimize part of the code at runtime─ known as a warm-up problem─ and that it paused to clean up memory using its garbage collection process.
Although both issues are common for Java-based software, and the conditions which the system was tested under were extreme, Quotix saw them as potential risks.
A switch to Zing solved all of those problems, according to Evgeny Sorokin, CEO of Quotix.
"Our tests demonstrated that our systems powered by Zing can comfortably handle sharp spikes in the load and deliver consistent trade execution," said Sorokin in a statement. "It was very interesting to see how our solutions behaved during the recent Swiss Franc Black Swan. We saw several thousands of orders per second on each aggregator that were processed with no delays whatsoever. This is a great example of why we chose Zing."
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