NYSE Picks HP Gear for Trading System
December 17th, 2007 By: Rich Miller
The New York Stock Exchange (NYSE) has selected HP servers to improve the efficiency of its online stock trading system, the NYSE Hybrid Market, which handles more than 500 million messages a day. The NYSE said it will use rack-based HP ProLiant DL585 servers, ProLiant BL685c server blades and Integrity NonStop servers for its online transactions.
“During the past several years, the requirements of investors and securities companies have significantly changed,” said Steve Rubinow, chief information officer, NYSE. “Although order commitment reliability is certainly paramount, users want a trading platform with flawless execution and transaction speed. HP is helping us deliver it all through these dependable server platforms.”
HP is also supplying the NYSE with HP StorageWorks XP12000 storage arrays to run the critical applications that support the trading floor. The arrays connect to the ProLiant DL585, BL685c and Integrity NonStop servers.
“We’re proud that the largest stock exchange in the world chose HP to improve the performance of its IT architecture,” said Paul Miller, vice president, Enterprise Servers and Storage, HP. “HP technology is ideally suited to serve as the backbone for the NYSE Hybrid Market’s IT infrastructure, which routinely handles more than 500 million messages a day.”