Eurex was last week set to follow in Euronext Liffe's
footsteps by upgrading its trading platform, with November
pencilled in as a target launch date.
However, Eurex's upgrade - release nine -will primarily
concentrate on cost saving as it switches to an Intel Itanium
system from HP Alpha systems.
"The main advantage is lower cost," said Gerhard Lessmann, a
member of the Deutsche Börse executive board. "We get the
same performance for a quarter of the cost. Alpha was already a
very fast chip, and Itanium is roughly the same performance.
So, we can just grow at lower cost."
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