Sicom Set for Electronic Conversion
Planned to go into production on Sept. 29, the Condico trading platform from exchange operator and technology provider Nasdaq OMX will replace Sicom's legacy platform from Crimson Logic, which was first implemented in 1992, says Jeremy Ang, chief executive of Sicom. "E-Sicom is fully electronic compared to our previous platform, which was a hybrid of registration and trading," he adds.
The new platform is based on an open architecture using Java, J2EE and XML and will use an XML-based API, which
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