ULLINK, a global connectivity provider, has reported that its UL BRIDGE V3 direct market access (DMA) platform has reached a top speed of 45 microseconds per order.
ULLINK’s tests incorporated full decoding, normalising, routing and encoding of FIX messages and attained average speeds of 113 microseconds per order.
“We are further optimising our processes to reach ULLINK’s target performance of sub-100 microsecond average speeds before mid-2009.” said George Gomes, CTO of ULLINK, in a statement.
“The UL BRIDGE sets new standards in terms of latency, throughput and scalability,” added Laurent Useldinger, CEO of ULLINK. “Our hosted DMA and best execution services along with pre-trade risk and trading solutions will immediately benefit from this breakthrough.”
UL BRIDGE allows its users to access the firm’s library of over 350 ‘plug-and-trade’ connections and 40 exchange gateways globally. Clients have the ability to trade across multiple asset classes, using all message formats, including FIX and proprietary systems.