Sun Microsystems Computer Co. said its month- old Java Financial Object Exchange drew more than 30,000 members within two weeks.
The exchange, an Internet site known as JFOX (www.jfox.com), was designed as a forum for developers of information and software components for the financial industry that are based on the Java programming language.
JFOX members, who pay no fee to join, have access to Java classes, applications, and the compact, portable applications known as applets. Comments and questions can be exchanged via direct E-mail.
"JFOX enables developers to create financial applications faster by providing a library of Java and reusable-object building blocks that everyone can share and improve upon," said Rob Hall, Sun's vice president of worldwide financial services.
"We have long called for a direct communication channel between financial services developers," said Mark Luppi, senior vice president of trading services at Lehman Brothers. "There is clearly a need to set industry standards for software common to all financial institutions, to enable developers to focus on applications that differentiate these organizations' underlying services."