AlgoSpan launches proof of concept testing facility
Trading technology solutions provider AlgoSpan has launched a market data proof of concept testing facility.
The test lab for London Stock Exchange (LSE) market data is located at data centre service provider Interxion's City of London facility. The facility offers proof of concept testing for AlgoSpan's AlgoData multicast normalised and raw exchange market data feed.
Robert Bicket, chief executive of AlgoSpan, said the facility would help firms looking to improve their trading performance, including many of the smaller high-frequency trading specialists, to performance test AlgoData market data technology.
Bicket said AlgoData proof of concept facilities were also available to firms hosted in the LSE data centre co-location areas.
“Interxion hosts the access point or trading engine of nine different exchanges and MTF's, offering a wide choice of low-latency connectivity to all London-based liquidity venues,” said Greg McCulloch, Interxion UK managing director. “This makes our London data centre an ideal choice for the collection and redistribution of low latency market data.”
He added the AlgoSpan test lab would allow Interxion to offer its customers a test facility where they can performance test AlgoData market data technology and ultimately drive latency improvements.
Bicket said AlgoSpan planned to add further markets and data centre locations for a more comprehensive proof of concept later in the year, and intended to expand the concept to its ultra-low latency exchange connectivity platform early next year.