Rapid Addition has been selected by the London Stock Exchange (LSE) to provide the FIX* engine functionality of its trading system.
Having evaluated the FIX Engine vendor space, the LSE chose to work with Rapid Addition, a technology provider, to FIX-enable TradElect.
Rapid Additions FIX engine, RA-Professional, will be used by the LSE in the development of the optional FIX 5.0 interface to TradElect, the LSEs trading system. RA-Professional is a fully featured engine that supports all versions of FIX – from 4.0 to 5.0.
In laboratory tests Rapid Additions FIX gateway was able to process transactions more than 35 times faster than other FIX engines on commoditised hardware. RA-Professional is written in C# for the Microsoft .Net environment and can run on Windows, Linux, UNIX or Mac OS X operating systems.