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NYSE Hybrid Market Chooses HP Servers To Improve Efficiency
By: Biztech2 Staff  |  Dec 12,2007
HP has announced that the New York Stock Exchange (NYSE) has selected HP servers to improve the efficiency of its online stock trading system, the NYSE Hybrid Market.

The NYSE Hybrid Market is relying on rack-based HP ProLiant DL585 servers, ProLiant BL685c server blades and Integrity NonStop servers to grow its business by ensuring that its online trading transactions occur with the speed and accuracy customers expect.

"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."

HP server technologies are helping the NYSE Hybrid Market adhere to the Securities and Exchange Commission-governed Regulation National Markets System, which is a series of initiatives designed to modernise and strengthen the national market system for equity securities.

"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 has also supplied the NYSE with HP StorageWorks XP12000 storage arrays to run the critical applications that keep the trading floor up and running. The arrays connect to the ProLiant DL585, BL685c and Integrity NonStop servers to ensure real-time data is always available.
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