Borse Frankfurt has upgraded its market connectivity with infrastructure and connectivity provider BSO to allow clients to trade faster with other markets.
As part of the initiative, newly upgraded routes between Frankfurt and Istanbul, Moscow and Hong Kong have been established to ensure low latency connection for clients trading with those regions on the stock exchange.
BSO confirmed that the new routes are live, providing low-latency connectivity to heads of trading and market infrastructure, derivatives brokers and electronic market makers within banks.
“As demand for trading increased between Frankfurt, MOEX, Borse Istanbul and HKEX, low latency has never been more important for traders,” said Tony Jones, head of low latency services at BSO. “The upgrade of these Frankfurt routes will ensure that hungry market makers continue to have unrivalled access to some of the most popular exchanges in the world.”
Several other trading venues around the globe have launched similar initiatives with other connectivity providers to reduce latency as the market has continued to become increasingly globalised.
The London Stock Exchange moved to speed up its connectivity with TNS in October last year, while the Singapore Exchange teamed up with Beeks in November to improve its trading cloud connectivity with trading platforms.
“This is a significant moment for BSO as we strengthen our position in EMEA’s vibrant economies,” said Michael Ourabah, chief executive officer of BSO.
“Our presence in these exchanges reinforces our continued commitment to providing the trading community with continuous and stable access to some of the most profitable and attractive markets as they look to stay one step ahead of the competition.”