Violin Memory VMEM stock is declining in after-hours trading on Wednesday after the company reported lower-than-expected earnings results.

Stocks with insider trader activity include MATR, VMEM and DXCM. VMEMa leading provider of award-winning all-flash storage arrays and appliances delivering application solutions for the enterprise, announced today that Tradition-ICAPthe world's leading voice broker and electronic platform for interdealer trading of Foreign Exchange FX Options, has chosen Violin all-flash arrays to support its Hybrid FX Options Trading System - Volbroker.

With the Violin platform, Tradition-ICAP is now able to exceed their client service levels, as well as achieve operational efficiencies by reducing Oracle database rebuild and maintenance times by over 40X, from two days down to under an hour. Volbroker is the market leader for electronic FX option price transparency and efficiency, and was designed for and by professional FX option traders to give real-time access to price information, execution reports and a host of other information.

Volbroker serves over large investment bank clients globally, and operates out of London, Frankfurt, Copenhagen, New York, Singapore, and Tel Aviv. The FX ecosystem and supporting technology has changed dramatically over the last two decades. Requirements have changed and trading volumes have increased drastically.

The data that is processed for option trading is significantly high on volume and detail and requires a very reliable, highly available, and high-performance storage solution in order to meet service levels and stay ahead of the competition.

Tradition-ICAP's Volbroker platform has always had a heavy dependence on storage performance and while they were running the entire system cached in memory, the performance of their traditional storage was becoming a critical problem that they could no longer afford. Violin all-flash arrays exceeded our expectations and are clearly the best choice for our business. Using Violin arrays we have eliminated any worries about supporting our growing business, and we can piggyback forex trading on developing the new technologies that will help our customers to be even more successful in their trading.

Specifically, the team found that a number as the popularity of binary options trading continues to increase database queries were less than efficiently written and could be fine-tuned for more efficient processing of the data. With Violin, Tradition-ICAP's customers will be able to rely on the performance of Volbroker at even the busiest of times.

This reliable access is critical and provides them with a competitive advantage; without it, traders must resort to less efficient and more time-consuming methods of execution. The second, yet equally important outcome is that Tradition-ICAP developers are now free to develop new and innovative products, rather than constantly battling with unsuitable disk-based storage systems.

All Violin Memory news releases financial, acquisitions, manufacturing, products, technology, etc. Violin, Violin Memory and the Violin Memory logo are trademarks of Violin Memory, Inc.

All other brand or product names used in this public announcement may be trademarks of their aust forex finance pty ltd owners. About Tradition-ICAP Tradition-ICAP was formed in July by s&p stock options merger of the OTC FX Options web trader forex4you of the TFS Group and ICAP plc.

Tradition-ICAP has offices in London, New York, Frankfurt, Copenhagen, Tokyo, Hong Kong and Singapore. Tradition-ICAP conducts its business as an independent intermediary in OTC FX Options.

In November ofthe Company integrated the Volbroker system into its volbroker fx options options business. This volbroker fx options an inter-dealer broking consortium that combines the strengths of voice brokered liquidity together with the market's leading FX Options electronic broking platform. The Volbroker platform was designed by traders, for traders and is used by banks all over the world. About Violin Memory, Inc.

Surviving Work

Business in a Flash. Violin Memory transforms the speed of business with high performance, always available, low cost management of critical business information and applications. Violin's All Flash optimized solutions accelerate breakthrough CAPEX and OPEX savings for building the next generation data center. Violin's All Flash Arrays and Appliances, and enterprise data management software solutions enhance agility and mobility while revolutionizing data center economics.

Founded inViolin Memory is headquartered in Santa Clara, California. Action Alerts PLUS is a registered trademark of TheStreet, Inc. You are using an outdated browser.

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Jun 16, 1: Violin Memory VMEM Stock Plummets in After-Hours Trading on Earnings Miss Violin Memory VMEM stock is declining in after-hours trading on Wednesday after the company reported lower-than-expected earnings results. Dec 2, 4: Nov 4, 7: Insider Trading Alert - MATR, VMEM And DXCM Traded By Insiders Stocks with insider trader activity include MATR, VMEM and DXCM.

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