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Real-Time Trading Helps PHLX Reach New Heights

Overview The PHiladelphia Stock Exchange (PHLX) was the first securities exchange in the U.S. and is among the nation's fastest growing sectors index option exchanges. PHLX was faced with increased options trading and new industry requirements that would cause trading volume to increase. The company quickly realized that it was outgrowing its homegrown options trading system - a point-to-point messaging architecture with limited scalability and lengthy development cycles. Understanding that it needed a long-term strategic partner, PHLX chose TIBCO for its technically superior messaging infrastructure product and also for its willingness to establish a long-term relationship with PHLX.

Further White Paper Details
Publisher	TIBCO Software	File Format	PDF
Date Published	June 2007
Format	Case Studies
Topics	Application Development

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