Deutsche Börse, NYSE Technologies, RTS and more…
Deutsche Börse plans new Swiss link
Börse has added another access point to its global trading network at data
centre operator Equinix’s ZH4 facility in Zurich.
access point, which will be available from Q3, can be used by the members of
the German exchange group’s Xetra cash equities market, as well as its Eurex
derivatives platform. It will give market participants an average latency of
2.6 milliseconds for the Zurich-Frankfurt connection and 6.9 milliseconds for
the Zurich-London connection.
Exchange already uses Equinix’s the Zurich data centre to host its co-location
service, offering further latency advantage for market participants connected
to both bourses.
access point in Switzerland enables us to make access to liquidity even quicker
and easier to use for our customers,” said Matthias Kluber, executive vice
president at Deutsche Börse. “After having connected our data centres in
Frankfurt and Singapore in a comparable manner, this is one more step towards
efficiently linking the world’s major financial centres.”
extends US, Polish services
NYSE Euronext has made changes to its US Liquidity Centre in
New Jersey, aimed at reducing customer costs, increasing platform flexibility
and broadening access to the facility. For the first time, financial services
vendors now have the opportunity to acquire data centre space and offer their
services within NYSE Technologies’ US liquidity centre.
With new rooms being built in New Jersey and expected to
open in the first quarter of 2013, NYSE Technologies, the commercial technology
arm of NYSE Euronext, will offer direct access to telecoms providers. This complements
the existing secure financial transaction infrastructure (SFTI) optic, IP, wave
and other services that are currently provided. Users will also have greater
flexibility in connectivity with the ability to deploy direct fibre
cross-connects to other co-location participants.
“Our vision has always been to create a completely unique
environment that enables global trading for customers of all sizes and
sophistications, trading anywhere in the world,” said Stanley Young, CEO, NYSE
NYSE Technologies has also recently announced a market data
partnership with Poland’s Warsaw Stock Exchange (WSE), providing customers with
access to the WSE’s market data. Through the partnership, users will be able to
access WSE data via the SFTI and NYSE Technologies’ SuperFeed.
“In 2010 we agreed with NYSE Euronext to embark on a common
journey for technological cooperation, as well as common business initiatives,
and we are very pleased with the results of our strategic alliance,” said
Ludwik Sobolewski, president and CEO of the WSE. “This project supports the
international strategy of the WSE, and in the coming years we will be firmly
tied to the trends shaping the evolution of the global capital markets.”
RTS connects to China’s futures bourses
vendor RTS Realtime Systems Group (RTS) has established a link to all four
Chinese futures markets.
solutions providers now offers access to the Shanghai Futures Exchange, Dalian
Commodities Exchange, Zhengzhou Commodities Exchange and China Financial
access points with RTS’s execution systems – such as its RTD Tango tool – buy-
and sell-side clients in China can code, test and deploy customised algorithmic
trading strategies for these markets.
solutions are server-based and also available in a fully hosted environment in
close proximity to the exchanges.
“There is a
growing demand throughout the Chinese institutional investor and trading
community to provide traders with customised algorithmic strategies,” said Andy
Woodhouse, managing director, Asia Pacific, RTS. “RTD Tango will let sell-side
firms build customisable algorithms for their buy-side clients, which will
operate on domestic markets and manage high volumes of order flow.”
Kyte Group opts for
Object Trading co-location solution
Integrated clearing, broking and investment service provider Kyte Group has chosen to extend its global co-location DMA coverage via Object Trading.
Kyte previously used Object Trading for customers connected
to its London and Frankfurt co-location offices. It is now expanding its
coverage to Chicago and Milan.
Object Trading has provided European cash equities and
European and North American derivatives data for Kyte’s screen and algo
customers connected to the firm’s London co-location offices for the past three
years. Object also provides low-latency prices and pre-trade risk managed order
routing for Ktye through FrontRisk, a pre-trade risk tool.
“By providing Kyte with a single way of both managing risk
and accessing the numerous exchanges where they transact, they have the
flexibility to improve performance while keeping costs low,” said Steve
Woodyatt, CEO of Object Trading.
Abu Dhabi Securities
Exchange embraces Nasdaq OMX technology
The Abu Dhabi Securities Exchange (ADX) has entered an
agreement with Nasdaq OMX to upgrade its trading platform using the firm’s
X-stream technology, in the second half of 2013.
Under the terms of the deal, ADX renews its contract with
Nasdaq OMX for a further five years. The new trading platform will cover
equities, fixed income and exchange-traded funds with the possibility to
introduce additional instruments. Nasdaq OMX has been delivering trading
technology to ADX since 2000.
“Since partnering with ADX they have achieved great results
by recognising and capitalising on technology as a means to compete,” said Lars
Ottersgard, senior vice president Nasdaq OMX market technology. “Efficient
trading technology continues to be a key success factor in order to grow
liquidity and ADX’s contract extension and selection of X-stream will put them
in a prime position for continued growth.”
MarketPrizm offers connectivity for Marex
a provider of market data and trading infrastructure services, has launched a
DMA solution to support clients of commodity broker Marex Spectron’s exchange-traded
Broker DMA will allow the broker’s members to connect, co-locate and trade on
the London Metal Exchange, CME Group and IntercontinentalExchange with further
expansion in Europe and Asia planned for later this year.
which recently added commodities to the asset classes it covers, offers
hosting, market data and order routing as a service, including pre-trade risk
analysis via ULLink.
been able to utilise our experience of building effective and flexible equity
market infrastructures and apply this knowledge to the commodities sector,”
said Tanuja Randery, MarketPrizm CEO.