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Yahoo: E*TRADE Japan Builds New Linux-Based Trading System on BEA WebLogic

Feb 04, 2004, 02:30 (0 Talkback[s])

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"BEA Systems, Inc. today announced that E*TRADE Japan, a wholly owned investment of Softbank Investment Corp., selected BEA WebLogic Server, along with BEA WebLogic JRockit, for its Linux-based online trading system. The new online securities trading system is one of the first to adopt a Linux and Intel-based architecture.

"E*TRADE Japan (www.etrade.ne.jp) deployed an IA server, Linux OS, and Red Hat Advanced Server to its online trading system in order to improve site performance and online response times, enhance customer satisfaction, and lower the total cost of ownership of the system. This is the first case in the online trading industry where an IA server for mission critical system infrastructure was deployed. To maximize the application performance and transaction processing of the new Linux-based online trading system, E*TRADE Japan deployed BEA WebLogic Server and BEA WebLogic JRockit. The system, which was developed by BEA partners Nomura Research Institute, Ltd., Hitachi Ltd., and Hitachi Software Engineering Co., Ltd., is nearly 10 times more cost-effective. In addition, the performance and transaction processing of the new trading system has nearly doubled and hardware and maintenance costs were reduced by 20 percent..."

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