eSpeed expands services with data centre migration

US Treasuries trading platform eSpeed has migrated to Nasdaq OMX’s data centre to provide customers with increased service and access.

US Treasuries trading platform eSpeed has migrated to Nasdaq OMX’s data centre to provide customers with increased service and access.

eSpeed was acquired by Nasdaq OMX in July last year and has now completed the transfer of customers to is parent company’s technology, as well as making performance enhancements to its platform.

It said customers will benefit from cost efficiencies, new trading opportunities across multiple asset classes and access to additional services.

Roundtrip order entry response time has been improve by 25% and market data distribution cut by more than 100 microseconds.

As well as gaining access to Nasdaq OMX services such as wireless connectivity to Chicago, eSpeed has also expanded distribution partnerships with front-end software and market data providers to further add to its customer experience.

Joe Noviello, head of Nasdaq OMX eSpeed, said the platform will now look at new product opportunities: “We will continue to evolve in our performance and functionality while we consider customer demand for electronic trading in products that are immediately adjacent to benchmark Treasuries.”

«