Provider of Java runtime solutions Azul Systems today announced that Forex Electronic Communication Network (ECN) Spotex has joined the growing list of companies that have chosen to deploy Zing, Azul’s Java Virtual Machine, within their trading infrastructure.
Zing’s integration into Spotex’s infrastructure has already brought a raft of benefits, including the eradication of Garbage Collection (GC) and other JVM-related pauses.
Prior to using Zing, Spotex was measuring GC and other latencies of 30-50 milliseconds every 10 minutes. By replacing the legacy JVM with Zing, Spotex eliminated these problematic latency outliers and markedly enhanced trade execution.
Ritesh Agrawal, CEO of Spotex, said:
“At Spotex, we have developed a leading edge technology that is fair, efficient and provides the highest level of integrity. Working with Azul Systems has enabled us to deliver a robust and reliable solution for our clients.”
Scott Sellers, CEO and President of Azul Systems, said:
“Spotex’s decision to run its ECN on Zing highlights why it is so important to use the right JVM for Java applications that require low latency and scalability. Trading is an ultra-competitive market, so using a technology like Zing, which removes the shortcomings of Java such as inconsistent response times and application jitter, quickly and easily gives emerging providers like Spotex a unique advantage.”