Spotex uses Solace technology as the low latency data distribution foundation of their FX ECN.
Solace offers a unique combination of operational simplicity and extreme low latency, allowing Spotex to build highly scalable and reliable solutions for our clients.”
The Spotex electronic communications network (ECN) delivers fair, transparent foreign exchange trade matching that increases customer profitability by reducing response times and minimizing the difference between the prices at which orders are placed and filled, commonly called slippage. This requires the reliable distribution of real-time data with extremely low latency.
Spotex uses Solace PubSub+ as the low latency messaging foundation of their ForEx ECN.
By efficiently distributing information between trade participants and Spotex’s high-speed matching engine, Solace technology ensures high availability to avoid many types of possible failures, which is essential to the 24-hour nature of FX markets.