Korea Exchange (KRX) is the sole securities exchange operator in South Korea, the result of consolidating the Korea Stock Exchange, Korea Equities Exchange and KOSDAQ.KRX has selected Solace’s messaging appliances as the core data delivery infrastructure for their new high-speed exchange platform. The new system, called EXTURE+, is the KRX’s next-generation trading system that offers low latency trading across many asset classes including equities, bonds, and derivatives. Solace makes it easier for the KRX to secure extra data copies onsite as well as for DR site to enable rapid disaster recovery. Solace will be used across all major markets offered by KRX including equities (KOSPI, KOSDAQ, and KONEX), derivatives and bonds.
We rigorously tested many technologies and found that Solace’s messaging appliances best meet our very high standards for quality, performance and reliability.