Exegy Inc. Careers

  • St Louis, MO

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About Exegy Inc.

Exegy was founded in April 2003 with technology that was developed at Washington University's School of Engineering located in St. Louis. Four faculty members Ron Indeck, Mark Franklin, Ron Cytron and Roger Chamberlain founded the company with J.J. Stupp, a St. Louis entrepreneur with strong connections to the university.

The original plan was to pursue a business selling high powered computer systems to the national intelligence agencies using a hardware accelerated approach to processing massive amounts of data. After 30 months Exegy changed focus and began to build a ticker plant for Wall Street, an innovation-friendly community with extremely high demands for processing massive amounts of data, very fast.

A ticker plant is a computer system dedicated to reading and normalizing market data feeds containing trades, bids, offers and orders from exchanges and alternative trading systems. These systems have become increasingly important as exchanges have closed trading floors and become electronic.

Late in 2005, development started on the world's first hardware accelerated ticker plant. The first Exegy Ticker Plant was demonstrated publicly in New York in June 2006. The system was capable of handling one million messages per second in 150 microseconds. The most recent version can handle approximately 10 million messages per second at less than 15 microseconds, an order of magnitude improvement. And it keeps getting better.