SGX FX, formerly BidFX, is a pioneer in developing foreign exchange (FX) trading technology solutions that set new industry standards for functionality and performance. Trusted by over 200 leading banks, asset managers, corporates, and hedge funds, BidFX has established itself as a dedicated and innovative FX technology partner.
BidFX manages 10 billion messages per day on its SaaS trading platform.
BidFX and Java produce outstanding results
In their commitment to providing unparalleled performance and reliability, BidFX transitioned its 10-billion-messages-per-day SaaS trading platform from Oracle Java to Azul Platform Prime. This transition underscores BidFX’s ability to manage a high volume of transactions at optimal speed, ensuring minimal latencies and exciting their clients with the possibilities of faster trading.
In August Azul announced this year’s winners of the Java Hero Awards – featuring 17 organizations that achieved world-class results with Java use cases. Based on their incredible results, BidFX earned the Best Industry Use Case — Trading Exchanges award.
The awards recognize organizations, teams, and individual champions globally who achieved innovative world-class results with Java performance to help their businesses become more cost-effective, successful and efficient.
Paul Sweeny, Chief Architect at SGX FX, highlights the transformative impact of this partnership: “Working with Azul Platform Prime, we have achieved exceptional transaction processing speeds and reliability, enhancing our overall platform performance.
“Latency in a large system is like a bar of soap; just when you’ve got it pinned down in one place, it skites off and pops up elsewhere. With Azul, we can focus development on GC-free solutions in the critical components and let Azul Premium Prime address GC latencies everywhere else. Regarding Java performance, I seldom worry about garbage collection because Azul takes care of it.”
About Azul Platform Prime
Our customers’ cloud and performance engineering teams use Azul Platform Prime to reduce cloud waste and leverage committed cloud spend. They also improve carrying capacity while maintaining services levels for growing Java workloads. Key features and benefits:
- Faster code execution for faster Java applications. Azul customers optimize their code execution to take full advantage of the latest processors. Zing delivers faster code at lower CPU utilization with our LLVM-based Falcon JIT compiler.
- Greater consistency at higher utilization levels. Azul customers maintain consistent service levels at higher loads. They are also able to reduce noise in CPU usage over time – and eliminate pauses, jitters and stalls with C4 Garbage Collector – the world’s best pauseless garbage collector.
- Improved warmup with increased elasticity. Azul dramatically reduces disruptions and glitches when starting up new Java servers. Zing runs at full speed from the outset – and adapts, learns, and propagates optimization profiles using ReadyNow technology.
Learn more about the winners of the first Java Hero Awards on our website, our customer pages, and our press release.
