TradingTech Insight Data Centres, Connectivity & Colo (KH) The latest content from across the platform

Recorded Webinar: Financial Services Infrastructure in the Post-Covid Environment

The Covid-19 pandemic has shaken financial institutions’ working practices to the core. Trading volumes have exploded, with some venues recording more than 10X the usual volume of transactions. Volatility has raged, with the benchmark VIX index testing new highs. And nor are these one-offs; the impact has been sustained since the virus hit in early…

New Fixnetix Chief Beeman Outlines Vision for Front-Office Lift-Out Offering

Jake Beeman, who took over as general manager of Fixnetix this month following the departure of Steve Williams, has arrived with the remit to expand on the company’s vision for front-office transformation, with a specific focus on data, analytics and infrastructure. Beeman took on his new role at Fixnetix on May 13, Prior to that…

Crosslake Fibre Strengthens US/Canada Connection with 165 Halsey Street Expansion

Crosslake Fibre, a telecoms operator specialising in connectivity between Canada and the US, has expanded its network into the 1.2 million square foot data center, colocation and telecom carrier hotel 165 Halsey Street, just 13 miles from Manhattan. The new network, which delivers sub-9 ms round trip delay (RTD) performance between Toronto and New York…

Colt Technology Lowers Latency on European Routes

Colt Technology Services, a provider of high-bandwidth connectivity solutions, has lowered the latency on its European PrizmNet routes, targeting the high frequency trading (HFT) needs of financial brokers, investment funds and banks, and FX-related applications. Following the firm’s recent investment in ultra-low latency PrizmNet infrastructure in Asia, Colt has now implemented next-generation Arista 7130 Layer…

Pico Taps Frank Troise as Co-CEO

Markets technology and infrastructure specialist Pico has named electronic trading veteran Frank Troise as co-CEO in what current chairman, CEO and founder Jarrod Yuster terms the latest step toward taking the company to the next level of growth. The move – which will tap Troise’s operational expertise to support Pico’s expansion across its target market…

TNS Launches New York Upgrade for Ultra-low Latency Offering

US data communications provider TNS (Transaction Network Services) has upgraded its network in three New York Area data centres with the TNSXpress Layer 1 solution to speed up delivery of market data from NYSE, CBOE, and Nasdaq. The TNSXpress Layer 1, a single hop architecture that is up to 10 times faster than traditional Layer 3…

Rapid Addition’s RA Platform 3.0 Address ‘Buy and Build’ Imperative

London-based trading technology provider Rapid Addition has released version 3.0 of its RA Platform, a middleware solution for handling electronic trading messaging, allowing firms to customise their trading connectivity set-ups to best suit their requirements. The new version aims to support firms’ growing tendency toward ‘buy and build’ as they seek to optimise their use…

Pico Adds Japan Market Access, Plans Further APAC Expansion

Trading infrastructure and connectivity specialist Pico has added colocation services and ultra-low-latency market data delivery of the Tokyo and Osaka stock exchanges to its Asia-Pacific capabilities. The Japan Exchange Group (JPX) deal is the latest in a series of moves by Pico in the past 18 months to expand in the Asia-Pacific region, with added…

SteelEye Becomes LME ISV Provider

Compliance technology and data analytics specialist SteelEye has become an approved LME ISV, passing all conformance tests to offer connectivity directly to LMEselect. LMEselect is the LME’s electronic member to member trading system, accessed by members of the exchange, allowing them to anonymously execute trades with other member firms. Clients of members are also able…