New York-based electronic trading and asset manager Mana Partners has implemented Metamako’s low-latency exchange connectivity service.
The partnership aims to provide cost-effective nanosecond-level access to exchanges for investment decision-making through quantitative and algorithmic trading.
The technology was developed specifically for latency-critical environments and allows for data and order aggregation at faster speeds, according to Metamako.
Mana Partners said it chose the network service for a variety of reasons, including technical support, features within the service and Metamako’s reputation in the industry.
“The switch to Metamako has had a direct impact on us providing better investment decisions and improving the ROI we generate for clients through faster access to market data,” Manoj Narang, CEO of Mana Partners said. “We also benefit from continuous connection monitoring and full packet statistics.”
Mana Partners also plans to build its relationship with Metamako and deploy further technology offered by the firm.
“Mana spoke to various Layer 1 technology providers before choosing us and cited our solid product roadmap and commitment to continuous innovation as important deciding factors,” said Dave Snowden, CTO at Metamako.