Click here to close now.

Welcome!

Java Authors: Elizabeth White, Liz McMillan, Pat Romanski, Jason Bloomberg, Esmeralda Swartz

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
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable older adults to live independent lives while staying connected to loved ones. M2M will continue to gr...
How is unified communications transforming the way businesses operate? In his session at WebRTC Summit, Arvind Rangarajan, Director of Product Marketing at BroadSoft, will discuss how to extend unified communications experience outside the enterprise through WebRTC. He will also review use cases across different industry verticals. Arvind Rangarajan is Director, Product Marketing at BroadSoft. He has over 19 years of experience in the telecommunications industry in various roles such as Software Development, Product Management and Product Marketing, applied across Wireless, Unified Communic...
Dave will share his insights on how Internet of Things for Enterprises are transforming and making more productive and efficient operations and maintenance (O&M) procedures in the cleantech industry and beyond. Speaker Bio: Dave Landa is chief operating officer of Cybozu Corp (kintone US). Based in the San Francisco Bay Area, Dave has been on the forefront of the Cloud revolution driving strategic business development on the executive teams of multiple leading Software as a Services (SaaS) application providers dating back to 2004. Cybozu's kintone.com is a leading global BYOA (Build Your O...
SYS-CON Events announced today that Vicom Computer Services, Inc., a provider of technology and service solutions, 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. They are located at booth #427. Vicom Computer Services, Inc. is a progressive leader in the technology industry for over 30 years. Headquartered in the NY Metropolitan area. Vicom provides products and services based on today’s requirements around Unified Networks, Cloud Computing strategies, Virtualization around Software defined Data Ce...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
What exactly is a cognitive application? In her session at 16th Cloud Expo, Ashley Hathaway, Product Manager at IBM Watson, will look at the services being offered by the IBM Watson Developer Cloud and what that means for developers and Big Data. She'll explore how IBM Watson and its partnerships will continue to grow and help define what it means to be a cognitive service, as well as take a look at the offerings on Bluemix. She will also check out how Watson and the Alchemy API team up to offer disruptive APIs to developers.
The IoT Bootcamp is coming to Cloud Expo | @ThingsExpo on June 9-10 at the Javits Center in New York. Instructor. Registration is now available at http://iotbootcamp.sys-con.com/ Instructor Janakiram MSV previously taught the famously successful Multi-Cloud Bootcamp at Cloud Expo | @ThingsExpo in November in Santa Clara. Now he is expanding the focus to Janakiram is the founder and CTO of Get Cloud Ready Consulting, a niche Cloud Migration and Cloud Operations firm that recently got acquired by Aditi Technologies. He is a Microsoft Regional Director for Hyderabad, India, and one of the f...
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015 at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from ...
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...
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.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, 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. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
SYS-CON Events announced today that Ciqada 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. Ciqada™ makes it easy to connect your products to the Internet. By integrating key components - hardware, servers, dashboards, and mobile apps - into an easy-to-use, configurable system, your products can quickly and securely join the internet of things. With remote monitoring, control, and alert messaging capability, you will meet your customers' needs of tomorrow - today! Ciqada. Let your products take flight. For more inform...
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, 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. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool f...
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applications - creating more engaging experiences for their customers and boosting collaboration and productiv...
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, 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. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
SYS-CON Events announced today that On the Avenue Marketing Group, a sales and marketing firm that utilizes events to market and sell products to consumers, 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. On the Avenue Marketing Group (OTA) is a sales and marketing firm that utilizes events to market and sell products to consumers. On behalf of our clients, we attend thousands of fairs, festivals, expos, concerts, conferences, and sporting events annually, helping them reach millions of individuals ...
SYS-CON Events announced today that BroadSoft, the leading global provider of Unified Communications and Collaboration (UCC) services to operators worldwide, has been named “Gold Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BroadSoft is the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling...
SYS-CON Events announced today that ActiveState, the leading independent Cloud Foundry and Docker-based PaaS provider, has been named “Silver Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. ActiveState believes that enterprises gain a competitive advantage when they are able to quickly create, deploy and efficiently manage software solutions that immediately create business value, but they face many challenges that prevent them from doing so. The Company is uniquely positioned to help address these challenges thro...
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.