The MarketGrid Story
The principals have automated over 30 exchanges between them since 1985. Paul Phillips pioneered the concept of ‘in memory matching’ while at Singapore Exchange assisted by Daniel Tan. Then 8 years later developed ASTS with Rob Hodgkinson and Phil Haynes. ASTS was subsequently renamed X-Stream and acquired by Nasdaq OMX and is now installed in over 30 exchanges globally.
The recent hardware trends towards multi-cores, scalable memory gave rise to a new vision of even faster and more scalable in memory matching. This is MarketGrid. And with the band now back together, the vision has been fulfilled, with MarketGrid demonstrable with unrivalled performance and flexibiilty, as demonstrated in this video.