SSE To Upgrade Platform Via NASDAQ Tech

The SIX Swiss Exchange has extended its contract with NASDAQ OMX.

The SIX Swiss Exchange (SSE) has extended its contract with NASDAQ OMX. The Swiss exchange will update its existing SWXess equities trading platform with NASDAQ OMX’s X-stream INET technology.

The up-gradation will be done in the first quarter of 2012. X-stream INET utilizes the advanced functionality of NASDAQ OMX’s X-stream platform in combination with INET, which is the world’s fastest trading technology in production with a sub-100 microsecond latency.

Click here for the release from SIX Swiss Exchange.