LIFFE, the global derivatives arm of NYSE Euronext, has improved latency and upgraded capacity on its trading platform.
Since Monday, LIFFE clients have been able to benefit from dual 100mps connectivity, resulting in an increase in capacity. The London-based derivatives exchange has also launched a co-location facility.
According to NYSE, the increase in LIFFE’s network capacity means that market data can be sent uncompressed to its customers. By using NYSE Euronext’s SFTI (Secure Financial Transaction Infrastructure) network, LIFFE will be able to deliver market data to clients more quickly, supply full market depth information on all products and accelerate order execution on the LIFFE CONNECT trading platform. In addition, there are plans to give clients the option to further increase capacity to 1 gigabit.
LIFFE said the introduction of co-location services would benefit time-sensitive traders through the location of trading servers next to the LIFFE CONNECT matching engines, further reducing latency.
“By using NYSE Euronext’s SFTI network we can show customers a clear path for further enhancements in the speed of the service we can offer them, as well as offer a wider range of products through a single connection to LIFFE CONNECT,” said Simon Chapman, executive director of derivatives technology services at LIFFE, in a statement. “The first day of trading over the new infrastructure has been very encouraging and we have seen significant performance improvements across all products.
We have further planned changes which will lead to even faster order execution which will phased in over the coming weeks.”