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TMCNet:  Mellanox's InfiniBand solutions selected by NLX

[February 25, 2013]

Mellanox's InfiniBand solutions selected by NLX

Feb 25, 2013 (Datamonitor via COMTEX) -- Mellanox Technologies, Ltd., a supplier of end-to-end interconnect solutions for data center servers and storage systems, has announced that its InfiniBand solutions have been selected by NASDAQ OMX NLX, or NLX, to enable trading.

NLX, the new London derivatives market, will offer a range of both short- and long-term interest rate (STIRs and LTIRs) euro- and sterling-based listed derivatives products, subject to Financial Services Authority approval. InfiniBand will act as the server interconnect for NLX's matching engines.

In addition to Mellanox's InfiniBand interconnect solutions, NASDAQ OMX NLX will use Mellanox's VMA messaging accelerator to cut 60-to-70 percent of the server-to-server latency and eliminate jitter, the company said.

"Mellanox is a well-known and trusted supplier for providing low latency solutions for trade matching and execution," said Carl Slesser, chief technology officer, NLX. "We are working with our partners to ensure we offer a robust and efficient environment to trade both ends of the interest rate curve on a single market." "We are delighted to partner with NASDAQ OMX NLX for this important new market," said Gilad Shainer, vice president of market development at Mellanox Technologies. "Utilizing InfiniBand as the core server interconnect technology provides NLX with a robust, tried and tested system that has the capability to manage increasing volumes as this new and highly competitive market grows." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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