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June 13, 2011
NEW YORK, June 13 -- Mellanox Technologies, Ltd., a leading supplier of high-performance, end-to-end connectivity solutions for datacenter servers and storage systems, and Correlix, Inc., the operator of the industry leading RaceTeam service for monitoring, measuring and analyzing order and market data flows in real-time, today announced the full support of Mellanox-based InfiniBand solutions by Correlix's RaceTeam latency measurement service. Now optimized for InfiniBand, the Correlix RaceTeam service facilitates greater trading latency insight into each transaction and leads to optimized trading strategies, improved customer service and streamlined operations.
RaceTeam is an objective latency measurement service that enables trading firms to manage and share real-time Latency Intelligence with their customers, as well as receive objective real-time latency data from liquidity venues.
“We have seen increased demand by our customers to support InfiniBand in our RaceTeam latency monitoring system,” said Shawn Melamed, founder, president and CTO at Correlix. “Now with full support for Mellanox’s leading low-latency InfiniBand solutions, the Correlix RaceTeam latency measurement service provides a comprehensive latency measurement platform for the myriad of high frequency trading environments in the market.”
Mellanox offers the lowest latency networking solutions for high frequency trading with its unique, highly-scalable end-to-end InfiniBand solution (adapters, switching platforms and software) that provide seamless growth in terms of traffic volumes, amount of traders, and amount of symbols traded. As a pioneer in the field of high frequency trading networking, Mellanox has deployed its solutions at a large array of investment banks, hedge funds and exchanges.
“Mellanox’s InfiniBand solutions for financial services repeatedly demonstrate the industry’s lowest application latency and highest scalability in high frequency trading environments,” said Asaf Somekh, vice president of solution marketing at Mellanox Technologies. “We are pleased to work closely with Correlix to help bring to market a robust solution for latency monitoring over InfiniBand.”
“We have been very impressed with the valuable insight we have gained via Correlix’s RaceTeam service in order to better support our customers,” commented John Jacobs, COO, director of Operations at Lime Brokerage. “We look forward to getting the same level of transparency and accuracy on our InfiniBand-based systems.”
For more information on Correlix RaceTeam services or Mellanox InfiniBand products, please contact your Correlix and Mellanox sales representatives.
Visit Mellanox Technologies at SIFMA (June 14-16, 2011)
Visit Mellanox Technologies at booth #1510 to see the full suite of Mellanox’s end-to-end high-performance Ethernet and InfiniBand datacenter connectivity products and how they enable high frequency trading and financial services with industry-leading low application latency, higher throughput and scalability.
Correlix Inc., a leader in independent Latency Intelligence solutions, offers RaceTeam™, the leading latency management service providing real-time latency visibility for buy-side, sell-side and liquidity venues. Customers rely on Correlix to monitor, measure and minimize latency in trade execution and market data flows in real-time. The company's global client base encompasses the world's largest high frequency trading sell-side, buy-side and market centers as well as low-latency service providers. The majority of the large US exchanges are RaceTeam members, including CHX, EDGA, EDGX, NASDAQ, NASDAQ BX, NASDAQ PSX, NASDAQ PHLX, NYSE, ARCA, ARCA Options, AMEX, CBOE , C2, BATS BZX Exchange, BATS BYX Exchange and BATS Options.
Correlix is headquartered in New York with offices in London and Israel. Correlix is backed by prominent venture capital groups Sequoia Capital, Genesis Partners, Blumberg Capital, Vernon & Park Capital, L.P. and Xenia Ventures. For more information, please visit www.correlix.com.
Mellanox Technologies (NASDAQ: MLNX; TASE: MLNX) is a leading supplier of end-to-end InfiniBand and Ethernet connectivity solutions and services for servers and storage. Mellanox products optimize datacenter performance and deliver industry-leading bandwidth, scalability, power conservation and cost-effectiveness while converging multiple legacy network technologies into one future-proof architecture. The company offers innovative solutions that address a wide range of markets including HPC, enterprise, mega warehouse datacenters, cloud computing, Internet and Web 2.0.
Source: Mellanox Technologies, Ltd.
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