[This message was posted by Stefan Basiuk of Rapid Addition Limited 
<[email protected]> to the "Product Discussion" discussion forum 
at http://fixprotocol.org/discuss/24. You can reply to it on-line at 
http://fixprotocol.org/discuss/read/d9611432 - PLEASE DO NOT REPLY BY MAIL.]

New York, London – June 23, 2009: Rapid Addition (“RA”) has today announced 
results of a sustained soak test of its flagship FIX engine over a continuous 
three-day period. The FIX engine processed more than 3 billion financial 
messages (inbound and outbound) with an average parse and transmission latency 
of less than 10 µs with a standard deviation of 3.9 µs.
 
The tests were conducted on Intel Xeon x5570 processors using the Microsoft 
.NET Framework™ 3.5 and Windows Server 2008™ in the Intel Labs in the UK; 
access to the latest processors were part of achieving this result. An average 
of 12,000 messages per second were sent and received across 140 sessions over a 
three-day period. More than 190MB of data per minute was sent and received on 
the network. Measurements were performed at the application and socket layers.
 
Garbage collection had no discernible impact over the run period, and no 
garbage collection was observed in the steady state operating mode. RA 
Generation Zero™ technology aims to eliminate the effects of garbage collection 
on low latency applications by a combination of intelligent design and coding 
practices. No memory or thread leaks were detected. 

RA and Microsoft have released a white paper, ‘Building Low Latency 
Applications for Financial Markets,’ describing this approach in more detail. 
This can be downloaded from the Rapid Addition website (www.rapidaddition.com) 
and will soon be available on the Microsoft website.

Microsoft U.S. Capital Markets Industry Solutions Director Craig Saint-Amour, 
said: 

"Very high-performance FIX financial message processing, combined with 
Microsoft’s familiar, easy-to-use and widely supported platform, is a winning 
combination for Wall Street. We are very excited about the benefits RA-Cheetah 
Professional brings to our mutual capital markets customers."
 
Rapid Addition is a leading supplier of front-office messaging components to 
the global electronic markets. Founder and chairman Kevin Houstoun, who has 
been one of the leading innovators in this market since helping bring the FIX 
Protocol to Europe in the 1990s, said:

“Latency matters - being a few microseconds slower than competitors can cost 
our clients millions. Rapid Addition is at the forefront in pushing performance 
boundaries and thus being able to give our clients an undoubted competitive 
edge. We continue to advance in area in this area and expect to make more 
announcements shortly.”


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