Chicago Mercantile Exchange (CME) revealed last week that it
has been developing a next generation electronic platform in
association with IBM. The exchange claimed the new system could
change the way trading engines are designed in the coming
CME chief technology officer Charlie Troxel told FO
Week that engineers were close to completing the initial
design stage for a trading engine that will match orders from
anywhere in the world simultaneously.
The plan has called for a multi-location matching network
that handles orders on different servers in various parts of
the world and yet still aggregates prices as one order
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