UK telecoms provider BT has expanded its low-latency connectivity loop Radianz Ultra Access to include market data and execution venues in London.
As a result, London-based clients will now be able to access venues including multilateral trading facilities Turquoise, Chi-X and BATS Europe at sub-one millisecond speeds.
According to BT, the Radianz Ultra Access low-latency offering ensures very low variability in latency and gives customers assurance of 100% availability. The service went live in Chicago and New York last year and will be rolled out elsewhere in Europe later this year.
“Current market demand and industry trends in low latency have raised the bar across the industry, and connectivity speed is now, more than ever, a critical factor for all major market centres across the globe,” said Andy Nicholson, vice president, global banking and financial markets, BT Global Services. “BT is confident in its ability to enhance the electronic trading environment through Radianz Ultra Access and provide users in London with a necessary competitive advantage.”
Radianz Ultra Access is part of BT’s low latency portfolio, which also includes Radianz Proximity Solution – the firm’s co-location service – and low latency management services powered by Corvil, a network latency management solutions provider.