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Article: Chicago Stock Exchange Deploys SilverStream Application Server to Provide Real-Time Inventory Status and Manage Security Trading Risk.
- Article from:
- Business Wire
- Article date:
- October 12, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 12, 1999--
SilverStream Software, Inc. (NASDAQ:SSSW), a global Internet infrastructure company providing software and services for developing and deploying Internet, e-commerce, intranet and extranet applications, today announced that the Chicago Stock Exchange has developed and deployed a floor-based risk management solution with the SilverStream Application Server. The system, named Real-Time Inventory Status (RTIS), provides a global, dynamic view of over 4,500 securities to traders on the floor, allowing them to better manage stock inventories and execute more informed trades. RTIS enables specialists to evaluate the ...