Amazon Enables Cloud Stock Exchanges
New Cloud Based Exchanges Source: Singapore Stock Exchange Amazon's Very Successful Pilot Amazon and two stock exchanges have put global stock trading in the cloud and done so very successfully. This is a first of its kind pilot program involving Amazon Web Services, the Singapore Stock Exchange and the London-based Aquis Exchange. It demonstrated that trading shares on the cloud works, is fast enough and reliable for global stock trading. It is a technological first that could move stock trading from expensive physical servers that require backup systems into the cloud. It could be the start of cloud based stock exchanges that would be a lot less expensive to operate and possibly pass on savings to investors. Amazon Innovation Breakthrough For Amazon Web Services, this is a breakthrough new use of its cloud techn...