Followers | 144 |
Posts | 27710 |
Boards Moderated | 3 |
Alias Born | 02/07/2004 |
Monday, February 27, 2006 12:52:24 PM
Monday February 27, 11:29 am ET
Robust Grid Infrastructure Helps Maintain High Performance as Trading Volumes Grow
NEW YORK, February 27 /PRNewswire-FirstCall/ -- GigaSpaces Technologies, a fast-growing provider of new generation infrastructure software solutions, announced today that FXall, the world's leading online foreign exchange platform, has selected GigaSpaces' grid infrastructure.
FXall offers an end-to-end solution for foreign exchange trading, covering execution, workflow and post-trade services, to clients including asset managers, active traders, banks, broker-dealers and corporations. Clients can access more than 60 sources of liquidity for tight prices in spot, forwards, swaps, and non-deliverable forwards, in more than 300 currency pairs.
FXall's trading volumes have grown every quarter since trading began on the platform in 2001, with annual volumes increasing by some 40% in 2005. Daily volumes have exceeded $43 billion. The system has the capacity to handle a further dramatic increase in volumes, while maintaining its high levels of performance. In order to achieve this, FXall utilizes a distributed infrastructure based on open industry standards - specifically JavaSpaces and its GigaSpaces implementation.
"Performance is critical to FXall and GigaSpaces has proved to be an excellent fit with the existing FXall infrastructure," said Neill Penney, Global Head of Product Strategy.
"GigaSpaces enables FXall to run different parts of applications on different machines, which makes the applications even more scalable and fault tolerant," said Doug Rich, VP Sales Americas at GigaSpaces. "They can add or remove resources as needed and still keep the applications running."
About FXall
FXall is the leading portal for online foreign exchange trading, offering customers foreign currency trade execution, access to research and straight through processing. By combining streamlined workflow, competitive FX prices and a complete audit trail, FXall delivers improved control and cost savings at every stage of the deal lifecycle.
FXall provides customers with the ability to meet best practice guidelines prescribed by regulatory bodies - for more information visit: http://www.fxall.com/about/BestPracticeFX.pdf
FXall is an independent company with offices in New York, London, Boston, Tokyo and Singapore. See www.fxall.com.
About GigaSpaces
GigaSpaces provides innovative, high-performance infrastructure software solutions that deliver unparalleled dynamic scalability for high-volume transactional applications, without the overhead and complexity inherent in traditional multi-tier development and deployment environments.
Its award-winning solutions have been adopted across multiple vertical industries and are used by companies such as Nortel, AIG, Hutchison 3G, Societe Generale, Virgin Mobile, FXall and others for mission-critical applications, where the need for extreme performance, reliability and scalability necessitates an alternative to traditional tier-based architectures.
GigaSpaces was founded in 2000 and has offices in New York, London and Israel. It is a privately held company, funded by BRM Capital, Formula Vision and Intel Capital. GigaSpaces is an affiliated company of the Formula Group (NASDAQ: FORTY - News), Israel's largest publicly held IT group. For more information, please visit www.gigaspaces.com.
http://biz.yahoo.com/prnews/060227/ukm011.html?.v=45
Dubi
Recent FORTY News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/19/2024 12:26:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/09/2024 04:20:22 PM
- Formula Systems Reports Second Quarter and First Half 2024 Financial Results • GlobeNewswire Inc. • 08/20/2024 11:44:38 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/20/2024 11:37:22 AM
- Publication of Draft Agreement with Trustee for Potential New Israeli Debenture Series • GlobeNewswire Inc. • 08/05/2024 02:15:18 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/05/2024 11:10:30 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/11/2024 12:39:24 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/20/2024 11:19:04 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 10:55:32 AM
- Formula Systems Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/22/2024 10:29:49 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/22/2024 10:08:51 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/15/2024 09:00:08 PM
- Formula Systems Announces Filing of 2023 Annual Report • GlobeNewswire Inc. • 05/15/2024 08:58:44 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/09/2024 04:33:48 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 05/06/2024 10:02:25 AM
- Formula Systems Reports Fourth Quarter and Full Year 2023 Financial Results • GlobeNewswire Inc. • 03/19/2024 11:08:06 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 08:16:25 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 02:59:22 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/12/2024 05:40:12 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/31/2024 01:02:28 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/30/2024 01:14:07 PM
- Formula Systems Reports Third Quarter and Nine Months 2023 Financial Results: • GlobeNewswire Inc. • 11/22/2023 12:00:06 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/22/2023 11:08:48 AM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM