We present a highly available system for environments such as stock trading, where high request rates and low latency requirements dictate that service disruption on the order of seconds in length can be unacceptable. After a node failure, our system avoids delays in processing due to detecting the failure or transferring control to a back-up node. We achieve this by using multiple primary nodes which process transactions concurrently as peers. If a primary node fails, the remaining primaries continue executing without being delayed at all by the failed primary. Nodes agree on a total ordering for processing requests with a novel low overhead wait-free algorithm that utilizes a small amount of shared memory accessible to the nodes and a simple compare-and-swap like protocol which allows the system to progress at the speed of the fastest node. We have implemented our system on an IBM z990 zSeries eServer mainframe and show experimentally that our system performs well and can transparently handle node failures without causing delays to transaction processing. The efficient implementation of our algorithm for ordering transactions is a critically important factor in achieving good performance. © 2013 Elsevier Inc. All rights reserved.