NEC NEC010553 Applications

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Applications at the forefront of technology

The Montreal Exchange

plays an important role in the Canadian economic

market. Established in 1874, the Exchange is recognized as the Canadian leader in

derivative products and trades between 40,000 and 50,000 contracts a day. To

effectively manage the continual flow of financial information, the Montreal Exchange

depends on the speed and organizational capacities of state-of-the-art technology,

epecially when it comes to presenting financial data on their trading floors.

the challenge

In the volatile and explosive financial industry, exchange markets have to act fast to

ensure that traders have all the relevant financial information they need while on the

trading floor. Exchanges face the challenge of providing a technologically advanced

facility that allows traders to maximize their speed and performance.

The Montreal Exchange originally deployed groups of five 18-inch computer

monitors on its perimeter trading floor walls, and each displayed just a single page

of information at a time. Like most Exchanges, they were using older LED boards

that were too large and bulky to place within a trading floor pit. To optimize and

centralize underlying cash prices, the Montreal Exchange needed advanced

technology to provide traders with the necessary information to effectively execute

buy and sell orders for members and their own personal accounts on the trading

floor.

"Traders are under constant pressure to make instant transaction decisions," said

Richard Bourbonniere, Vice President of Floor Operations at the Montreal Exchange.

"We wanted to make their jobs easier by using a display system that could operate

in real-time and provide traders with instant information that is easy to interpret."

Page 1 Applications at the forefront of technology The Montreal Exchange The Montreal Exchange plays an important role in the Canadian economic market. Established in 1874, the Exchange is recognized as the Canadian leader in derivative products and trades between 40,000 and 50,000 contracts a day. To effectively manage the continual flow of financial information, the Montreal Exchange depends on the speed and organizational capacities of state-of-the-art technology, epecially when it comes to presenting financial data on their trading floors.
Page 2 Montreal Exchange selected three 42-inch NEC plasmas for their trading floor. The constant pressure to NEC plasma displays’ 16:9 wide screen format allows the Exchange to display nearly ten times as much data in the same amount of wall space. The plasma displays also...