New NASDAQ OMX NLX market will leverage mature high performance interconnect technology to provide customers with unmatched speed and consistency of execution
SUNNYVALE, CA. and YOKNEAM, ISRAEL – Feb 14, 2013 – Mellanox® Technologies, Ltd. (NASDAQ: MLNX; TASE: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, announces that its industry and performance-leading InfiniBand solutions have been selected by NASDAQ OMX NLX ("NLX") to enable fast, reliable trading. NLX, the new London derivatives market, will offer a range of both short- and long-term interest rate (STIRs and LTIRs) euro- and sterling-based listed derivatives products, subject to Financial Services Authority approval. InfiniBand will act as the server interconnect for NLX’s matching engines.
In addition to Mellanox’s InfiniBand interconnect solutions, NASDAQ OMX NLX will use Mellanox’s VMA messaging accelerator to cut 60-to-70 percent of the server-to-server latency and eliminate jitter.
“Mellanox is a well-known and trusted supplier for providing low latency solutions for trade matching and execution,” said Carl Slesser, chief technology officer, NLX. “We are working with our partners to ensure we offer a robust and efficient environment to trade both ends of the interest rate curve on a single market."
“We are delighted to partner with NASDAQ OMX NLX for this important new market,” said Gilad Shainer, vice president of market development at Mellanox Technologies. “Utilizing InfiniBand as the core server interconnect technology provides NLX with a robust, tried and tested system that has the capability to manage increasing volumes as this new and highly competitive market grows.”
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Mellanox Technologies is a leading supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for servers and storage. Mellanox interconnect solutions increase data center efficiency by providing the highest throughput and lowest latency, delivering data faster to applications and unlocking system performance capability. Mellanox offers a choice of fast interconnect products: adapters, switches, software and silicon that accelerate application runtime and maximize business results for a wide range of markets including high performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services. More information is available at www.mellanox.com.
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