BM&FBovespa has chosen to implement Streambase’s Complex Event Processing (CEP) technology, Finextra reports. The Brazilian exchange operator will use the technology to develop a range of real-time, low-latency data applications.
BM&FBovespa will incorporate the technology across its trading platform, which can be accessed through the CME Globex electronic trading platform. StreamBase’s high-performance multi-threaded event server and visual development studio will allow the bourse to build sophisticated models, which react to changing market conditions.
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