MetaBit selects Solace Systems for next-gen trading platform

Daniel Burgin, CEO, MetaBit: "MetaBit is dedicated to providing its clients with the best-of-breed technology they need to compete in today's fast-paced markets."

Solace Systems, the provider of messaging middleware and content networking hardware, has announced that Tokyo-based trading technology provider MetaBit has selected Solace 3260 Content Routers to boost the performance of their trading platforms. Both of MetaBit's products - XiliX, an intuitive FIX-enabled multi-market DMA (Direct Market Access) trading platform, and MLH, its product-agnostic FIX Market Liquidity Hub - will be integrated with Solace's low-latency, high throughput routing technology.

"MetaBit is dedicated to providing its clients with the best-of-breed technology they need to compete in today's fast-paced markets," said Daniel Burgin, CEO of MetaBit. "It became evident that Solace's content routers would complement XiliX and MLH DMA solutions with the fastest speed and plenty of throughput headroom to meet MetaBit's growing demand."

"Solace's technology is an excellent fit with MetaBit's connectivity products as we're able to provide an easily integrated, guaranteed and reliable messaging solution that offers superior performance and consistency when compared to traditional software," said Crispin Clarke, SVP Asia and Latin America. "We are pleased to be working with a partner at the leading edge of high-performance DMA trading and order management solutions in Japan and Asia."