Direct Edge Takes Exchanges Live
The US cash equities market added two new stock exchanges as Direct Edge launched EdgA and EdgX earlier this week.
The new matching engines powering the EdgA and EdgX exchanges are identical and were built from scratch, according to officials. Although Direct Edge constructed its ECNs using C++, Direct Edge developers selected to use the Microsoft .Net environment. The engines run on Hewlett-Packard ProLiant G6 series servers powered by Microsoft Server 2008, and Intel Xeon 5500 processors.
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