ISE says software reduces latency

December 21, 2011 06:00 PM

The International Securities Exchange (ISE) implemented its latest technology release to enhance its new trading system based on Deutsche Börse Group’s Optimise trading architecture. Technology Release 2.0 introduced several features that target further latency reductions for the system. As a result, median system latency was improved by an additional 10 percent. The release also achieved incremental reductions in the system’s latency tail of 20 percent.

Importantly, Release 2.0 implements the necessary technical changes for ISE to launch a latency reduction initiative early next year with its member firms that connect through ISE’s Direct Trading Interface (DTI). With an Optimise release cycle of approximately every two months, Release 2.0 marks the third upgrade to the system since its rollout in July 2011.

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