Currently, the PHLX is using Informatica in two critical areas.
PowerExchange keeps many of the details of dealing with legacy systems transparent to the developer, and has enabled PHLX developers to work in formats they are familiar with for maximum productivity.
Orc Liquidator gives us both speed and the ability to customize our trading strategies to effectively quote on the PHLX
and, ultimately, to be more profitable.
One of the biggest challenges PHLX
faces is managing enormous volumes of application changes to support the company's complex, customer-facing financial applications.
's executive vice president and CIO, "The new network infrastructure expansion and co-located presence uniquely positions the PHLX
to be one of the fastest and most reliable Reg NMS compliant electronic trading venues by providing extremely high availability and ultra low latency.
trades 7,000 stocks, 2,318 equity options, 15 sectors index options, and currency options and futures.
The ability of PRO to provide the PHLX
and its members an excellent NMS-compliant routing service to complement the new PHLX
XLE equity platform has enhanced the PHLX
's ability to effectively compete in the Reg NMS electronic marketplace," said Meyer S.
Under the terms of the agreement, OES will provide the facility broker-dealer with the outbound routing technology, technical and operational services, and order audit trail compliance tools to the PHLX
to meet Regulation NMS requirements.
Semiconductor Index: I want to take a moment to step back and look at an interesting technical development for a sector index.
Exchange Simulator offers simulation of over 20 trading destinations, including AMEX, ARCA, BBSS, BOX, BRUT, BTRD, CBOE, CME, INET, ISE, LAVA, NYFIX, NASDAQ, NYSE, PCX, PHLX
, and supports protocols including FIX, CMS, CTCI, QIX, OUCH, RASH and XML.
On Friday, I revisited the chart of the PHLX
Housing Sector (HGX) after it broke below its 50-day moving average and said the next level to watch was the area near 255.
On the PHLX
, volume in options on Russell ETFs jumped 1,445 percent with 675,163 contracts changing hands during the past year, compared to 43,693 in 2004.