Click here to close now.

Welcome!

Java Authors: Elizabeth White, Esmeralda Swartz, Brian Vandegrift, Liz McMillan, Pat Romanski

News Feed Item

McObject's eXtremeDB Financial Edition Database Adopted by TradeStation for Next-Generation Order-Execution System

McObject's Product Selected Due to Its "Order of Magnitude" Superior Performance

ISSAQUAH, WA -- (Marketwire) -- 11/12/12 -- McObject® announced that TradeStation, a Monex Group company (TSE: 8698) and the parent company of an award-winning broker-dealer and futures commission merchant, will integrate McObject's eXtremeDB® Financial Edition in-memory database system (IMDS) into its next-generation order-execution system, now under development. McObject's technology was selected after it performed "an order of magnitude" faster than alternative database systems in a proof-of-concept, indicating that eXtremeDB Financial Edition will extend the speed advantage already provided to TradeStation's customers, a TradeStation official said.

TradeStation's order-execution system processes trades from the moment orders are placed until they are filled and recorded. Database processing must be extremely fast to avoid introducing latency. Between order placement and execution, the order-execution system accesses its database many times to accomplish time-critical tasks ranging from checking customer funds and margin limits to risk management, order routing and comparing bids and offers on different trading venues.

"Milliseconds, even microseconds, can affect the price for customers' order executions," said Joe Pautler, TradeStation senior software engineer. TradeStation presents order-execution speed as a key differentiator of its services, noting on its website the "price improvement opportunities" made possible by trade processing that is many times faster than the industry average.

In addition to speed, reliability is a key requirement for database management within TradeStation's order-execution system. TradeStation's website states that it "relentlessly pursues [its] goal of 100 percent uptime" for order execution via redundant system hardware and software, among other strategies to maximize up-time. eXtremeDB Financial Edition enhances reliability with its High Availability sub-system, which will enable TradeStation to deploy multiple, fully synchronized copies of the order-execution system database, with automatic failover in the event of failure on one node.

"TradeStation built its reputation on technology features that benefit active traders, including innovative analysis, back-testing and automated trading," said T. Keith Black, TradeStation chief technology officer and vice president of product development. "Traders who rely on these strengths also expect fast and reliable order execution. eXtremeDB Financial Edition's performance and fault-tolerance make it a natural fit for database processing in the enhanced order-execution system TradeStation is developing. We are excited about the end-user benefits that eXtremeDB Financial Edition will help to deliver as part of our live trading technology," Black said.

To further safeguard reliability and data integrity in the order-execution system, TradeStation will also rely on both eXtremeDB Financial Edition's support for ACID (Atomic, Consistent, Isolated and Durable) database transactions, as well as the technology's transaction logging feature, to enable recovery of interrupted transactions. The company will deploy the 64-bit version of McObject's database running on the Microsoft Windows Server.

"Companies in capital markets are pressed to drive down latency at all levels in their information systems, while providing customers with a wider range of capabilities as well as fault-tolerance," said Chris Mureen, McObject's chief operating officer. "McObject designed eXtremeDB Financial Edition to meet the demand in capital markets for an exceptionally fast, scalable and robust database system, and we are pleased that it has proven an excellent fit for TradeStation as the company develops its highly optimized next-generation trading infrastructure."

eXtremeDB Financial Edition provides features to optimize capital markets systems for speed, fault-tolerance and scalability. These features include:

  • A core in-memory database system (IMDS) that delivers database responsiveness measured in microseconds
  • Embedded architecture to eliminate client/server inter-process communication (IPC) overhead
  • Support for column-based as well as traditional row-based data layout (including hybrid designs)
  • A rich library of vector-based statistical functions to analyze time-series data
  • An ultra-short execution path (code size is approximately 150K) that minimizes demand for CPU cycles and maximizes L1/L2 cache efficiency
  • Distributed database scalability, performance and fault-tolerance, through both Clustering and High Availability sub-systems
  • Multiple application programming interfaces (APIs) including standard SQL and faster, type-safe native C/C++ API (native Java and C# APIs are also provided).

eXtremeDB Financial Edition is available now through McObject. For pricing, please contact [email protected] or call 1 (425) 888-8505.

About McObject

Founded by embedded database and real-time systems experts, McObject provides the eXtremeDB database system product family to build low latency, high scalability and reliability into real-time financial systems while harnessing the growing volume of data in capital markets. McObject counts among its customers industry leaders such NSE.IT, SunGard Kingstar, Transaction Network Services, Dalian Commodity Exchange, Financial Technologies of India Ltd. (FTIL), BAE Systems, Northrop Grumman, Siemens, Philips, EADS, Spirent Communications, F5 Networks, Motorola and Boeing. Based in Issaquah, WA, McObject is committed to providing innovative technology and first-rate services to customers and partners. For more information, contact at +1 (425) 888-8505, or visit http://financial.mcobject.com.

About TradeStation Group, Inc.

TradeStation Group, Inc., through its principal operating subsidiaries, TradeStation Securities, Inc. and IBFX, Inc., offers analytical and trading platforms to the active trader and certain institutional trader markets. The TradeStation platform offers electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom equities, options, futures and forex trading strategies. TradeStation Group is a wholly owned subsidiary of Monex Group, one of the largest online financial service providers in Japan.

TradeStation is an award-winning online brokerage firm and trading platform, frequently recognized for providing advanced technology, including analysis tools, back-testing capability and real-time market data, as well as the EasyLanguage programming language, which automates trading strategies. In March 2012, Barron's magazine, in its annual review of 24 online brokerage firms, awarded TradeStation its highest overall star ranking (4 1/2 stars), as well as Best for Frequent Traders, Best Trading Experience and Technology and Best for International Traders. Also in March 2012, TradeStation won for Best Trading System -- Stocks, Best Trading System -- Futures, Best Institutional Platform, Best Professional Platform, Best Online Analytical Platform and Best Real-Time Data in the annual Readers' Choice Awards given by Technical Analysis of Stocks & Commodities magazine.

TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC & NFA) is a licensed securities broker-dealer and a registered futures commission merchant, and also a member of the Boston Options Exchange, Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange and NASDAQ OMX. Its TradeStation Prime Services division, based in New York, seeks to provide prime brokerage services, including securities lending, to small and mid-sized hedge funds and other firms. IBFX, Inc. (Member NFA) is a Retail Foreign Exchange Dealer (RFED) that provides forex brokerage services directly and through its TradeStation Forex division. The company's technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services. TradeStation Europe Limited, an FSA-authorized brokerage firm, introduces UK and other European accounts to TradeStation Securities, Inc. and IBFX, Inc.

McObject and eXtremeDB are registered trademarks of McObject LLC. All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners.

Contact Information

David Worthington
Fusion Public Relations
(212) 651-4219
E-mail: Email Contact

Ted Kenney
McObject
(425) 888-8505
E-mail: Email Contact

Clay Mullin
TradeStation
(972) 367-4751
E-mail: Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that robomq.io will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. robomq.io is an interoperable and composable platform that connects any device to any application. It helps systems integrators and the solution providers build new and innovative products and service for industries requiring monitoring or intelligence from devices and sensors.
Wearable technology was dominant at this year’s International Consumer Electronics Show (CES) , and MWC was no exception to this trend. New versions of favorites, such as the Samsung Gear (three new products were released: the Gear 2, the Gear 2 Neo and the Gear Fit), shared the limelight with new wearables like Pebble Time Steel (the new premium version of the company’s previously released smartwatch) and the LG Watch Urbane. The most dramatic difference at MWC was an emphasis on presenting wearables as fashion accessories and moving away from the original clunky technology associated with t...
The list of ‘new paradigm’ technologies that now surrounds us appears to be at an all time high. From cloud computing and Big Data analytics to Bring Your Own Device (BYOD) and the Internet of Things (IoT), today we have to deal with what the industry likes to call ‘paradigm shifts’ at every level of IT. This is disruption; of course, we understand that – change is almost always disruptive.
SYS-CON Events announced today that Solgenia will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between Personal and Professional Social, Mobile and Cloud user experiences, our solutions help large and medium-sized organizations dr...
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on Twitter at @MicroservicesE
SYS-CON Events announced today the IoT Bootcamp – Jumpstart Your IoT Strategy, being held June 9–10, 2015, in conjunction with 16th Cloud Expo and Internet of @ThingsExpo at the Javits Center in New York City. This is your chance to jumpstart your IoT strategy. Combined with real-world scenarios and use cases, the IoT Bootcamp is not just based on presentations but includes hands-on demos and walkthroughs. We will introduce you to a variety of Do-It-Yourself IoT platforms including Arduino, Raspberry Pi, BeagleBone, Spark and Intel Edison. You will also get an overview of cloud technologies s...
SYS-CON Events announced today that SafeLogic has been named “Bag Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. SafeLogic provides security products for applications in mobile and server/appliance environments. SafeLogic’s flagship product CryptoComply is a FIPS 140-2 validated cryptographic engine designed to secure data on servers, workstations, appliances, mobile devices, and in the Cloud.
After making a doctor’s appointment via your mobile device, you receive a calendar invite. The day of your appointment, you get a reminder with the doctor’s location and contact information. As you enter the doctor’s exam room, the medical team is equipped with the latest tablet containing your medical history – he or she makes real time updates to your medical file. At the end of your visit, you receive an electronic prescription to your preferred pharmacy and can schedule your next appointment.
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch of Docker's initial release in March of 2013, interest was revved up several notches. Then late last...
The WebRTC Summit 2014 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
SOA Software has changed its name to Akana. With roots in Web Services and SOA Governance, Akana has established itself as a leader in API Management and is expanding into cloud integration as an alternative to the traditional heavyweight enterprise service bus (ESB). The company recently announced that it achieved more than 90% year-over-year growth. As Akana, the company now addresses the evolution and diversification of SOA, unifying security, management, and DevOps across SOA, APIs, microservices, and more.
GENBAND has announced that SageNet is leveraging the Nuvia platform to deliver Unified Communications as a Service (UCaaS) to its large base of retail and enterprise customers. Nuvia’s cloud-based solution provides SageNet’s customers with a full suite of business communications and collaboration tools. Two large national SageNet retail customers have recently signed up to deploy the Nuvia platform and the company will continue to sell the service to new and existing customers. Nuvia’s capabilities include HD voice, video, multimedia messaging, mobility, conferencing, Web collaboration, deskt...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborate. Cisco and our partners are building the platform for the Internet of Everything by connecting the...
Temasys has announced senior management additions to its team. Joining are David Holloway as Vice President of Commercial and Nadine Yap as Vice President of Product. Over the past 12 months Temasys has doubled in size as it adds new customers and expands the development of its Skylink platform. Skylink leads the charge to move WebRTC, traditionally seen as a desktop, browser based technology, to become a ubiquitous web communications technology on web and mobile, as well as Internet of Things compatible devices.
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed expressly to run Docker. He will also discuss Rancher, an orchestration and service discovery platf...
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
SYS-CON Events announced today that Liaison Technologies, a leading provider of data management and integration cloud services and solutions, has been named "Silver Sponsor" of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York, NY. Liaison Technologies is a recognized market leader in providing cloud-enabled data integration and data management solutions to break down complex information barriers, enabling enterprises to make smarter decisions, faster.
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the M2M space. This really allows some room for influential individuals to create more high value inter...
SYS-CON Events announced today that Akana, formerly SOA Software, has been named “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Akana’s comprehensive suite of API Management, API Security, Integrated SOA Governance, and Cloud Integration solutions helps businesses accelerate digital transformation by securely extending their reach across multiple channels – mobile, cloud and Internet of Things. Akana enables enterprises to share data as APIs, connect and integrate applications, drive part...