Bondecosystem and TransFICC have teamed up to develop a connectivity service providing low-latency execution and connectivity to electronic fixed income venues.
The partnership combines Bondecosystem’s connectivity services and TransFICC’s e-trading software to support faster data input.
Bondecosystem is currently part of the FXecosystem and has presence within the Equinix datacentres in London, New York, Hong Kong and Singapore.
TransFICC’s application programming interface (API) allows market data throughput and connectivity to new fixed income and derivatives liquidity venues.
Steve Toland, Founder of TransFICC, explained working with Bondecosystem has allowed the firm to provide a faster connection to their clients’ chosen trading venues.
“We are now testing production software in Equinix with both buy-side and sell-side organisations, conducting performance tuning with testing and live monitoring capability,” he added.
Last month, TransFICC teamed up with IPC to provide 6,000 fixed income participants with access to multiple electronic venues.
IPC’s network combined with TransFICC’s application programming interface (API) to allow market data throughput and connectivity to new fixed income and derivatives liquidity venues.