Amex Taps Cinnober for Systems Overhaul
EXCHANGE TECHNOLOGIES
NEW YORK--The American Stock Exchange (Amex) has embarked upon a trading systems redesign and will make heavy usage of a Java-based trading platform from Swedish vendor Cinnober Financial Technologies, according to Amex announcements last week.
Amex's next generation system, ANTE (Amex New Trading Environment), will involve the replacement of three core systems: the AODB (Amex Options Display Book) inventory system, the late-1970s-vintage AOF (Automated Order File) messaging backbone, and the X
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