About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

TNS Implements Cloud-Based Trading Infrastructure Solution for Coinbase Derivatives Exchange

Subscribe to our newsletter

Transaction Network Services (TNS), provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community, has announced the deployment of a cloud-based financial trading infrastructure solution for the Coinbase Derivatives Exchange (CDE), bolstering the regulated futures exchange with improved network access and stability. The deployed solution features TNS’s recently unveiled Dedicated Server offering, designed to provide low latency trading execution, enhance storage capabilities, and process large data sets required due to CDE’s rapid growth and adoption.

The TNS hardware solution, collocated in Secaucus, NJ and Aurora, IL, is set to strengthen the Coinbase Derivatives Exchange infrastructure. CDE will also connect to the TNS network, offering direct low latency access to CDE through any TNS data centre globally and providing access to TNS’s extensive financial community of over 2,800 endpoints.

Commenting on the deployment, Tom Lazenga, General Manager of TNS’ Financial Markets business, said: “We’re pleased to add the Coinbase Derivatives Exchange to our robust exchange community. Our institutional customers can now access crypto futures markets with resilient, high-performance connectivity.”

The dedicated hardware, hosting, and switching compute system was staged in the Equinix NY6 data centre before being deployed into the current production CDE sites in Secaucus and Aurora. TNS procured and deployed the systems during a period of high demand for network hardware and lengthy lead times, collaborating with CDE and their network team. TNS’s Cloud platform, including the Dedicated Server offering, enables rapid installation, easing supply chain challenges.

Boris Ilyevsky, Coinbase Derivatives Exchange’s CEO, said: “TNS helps us deliver a resilient product that traders and investors can trust. Crypto has witnessed both volatile and liquid markets and with institutional adoption remaining strong, we believe the time is right for the offering that TNS brings to the table. Dedicated cloud infrastructure connectivity coupled with our derivatives exchange represents a mission-critical step toward supporting and maintaining a vibrant and reliable crypto derivatives market.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking Competitive Edge with Outsourcing and Managed Services in Trading Technology

Outsourcing has emerged as a strategic solution for capital markets firms as trading technology infrastructures become more complex, data volumes grow exponentially, and regulatory pressures intensify. .By leveraging third-party expertise, firms can optimise operations, reduce costs, and focus on innovation in their trading technology stack. Outsourcing potentially enables firms to scale seamlessly, meet regulatory reporting...

BLOG

Symphony Partners with TradingView to Enhance Market Data Access and Collaboration

Symphony, the communication and markets technology company, has integrated with TradingView, the market analysis platform. The partnership enables users of the Symphony Messaging platform to access TradingView’s extensive global market data, charts, and news feeds, which span 108 stock exchanges, 46 futures exchanges, 32 forex exchanges, 77 cryptocurrency exchanges, and 100 news and economic data...

EVENT

Future of Capital Markets Tech Summit: Buy AND Build, London

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...