BNP Paribas has launched co-location services in Frankfurt via the Cortex Listed platform, providing global clients trading listed derivatives with reduced latency market access solutions into Eurex.
The new launch will allow clients to benefit from improved execution performance, be it through connecting directly through low touch electronic services or placing orders through the high touch execution teams, which also takes advantage of the new local infrastructure.
The Cortex Listed platform offers advanced trading tools to clients in addition to integrating with BNP Paribas’ bespoke execution algorithms, connecting to a wide range of global listed derivatives exchanges and accessing liquidity 24/6.
Multi-asset listed futures and options including equities, fixed income, commodities and FX are all supported by the platform.
“The launch of this new co-location solution clearly demonstrates our continued commitment to the listed derivatives execution business, investing in high and low touch services for our clients as a long-term partner,” said Andrew Willis, global head of low touch listed derivatives execution at BNP Paribas.
“With our extensive market access to global exchanges, full suite of automated solutions and execution algorithms, we are providing clients with the tool kit they need in a dynamic and fast moving market.”