So, Singapore Exchange’s Reach matching engine went live today as planned. Based on Genium Inet technology from Nasdaq OMX, it matches in less than 90 microseconds, door to door, whatever that means. The new system is part of a $250 million upgrade by SGX, also including a new data centre and co-lo facilities.
Apart from Nasdaq OMX, others contributing to Reach’s performance include Mellanox with its InfiniBand switches and messaging accelerator software, and HP, providing blade servers.
Oh, and pre-trade risk functionality for SGX comes from NYSE Technologies, in the form of its Risk Management Gateway.
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