BIDS Trading Cuts Latency and Costs With IBM System x
BIDS Trading, L.P. is a registered broker-dealer and the operator of the BIDS Alternative Trading System (ATS), designed to bring counterparties together to anonymously trade large blocks of shares. To handle a projected quadrupling of business volumes, BIDS Trading needed to move to a more scalable and manageable infrastructure. The aim was to shrink the physical size and complexity of the infrastructure, while simultaneously lowering trading latency and reducing the operational cost base. BIDS Trading selected IBM System x3650 M2 servers with Intel Xeon 5500 Series quad-core processors running Red Hat Enterprise Linux.