Merrill Lynch Japan Securities has adopted an ultra-low latency electronic trading solution allowing clients to trade from third-party data centers. The solution also allows users to access multiple exchanges from a single location by using brokers that have memberships in the exchange.
“In the past, clients looking for exceptionally low latency were limited to co-locating at specific exchange data centers in Japan,” says Carrie Cheung, director of Asia Pacific Electronic Trading at Bank of America Merrill Lynch. “Hosting there means access is limited to just one market and one broker, cost performance is not very efficient as well.”
“Latency-sensitive strategies will benefit from our state-of-the-art direct access platform and allow trading at speeds very similar to those of exchange co-location,” she says.
MLJS worked with KVH Co, a provider of network and managed IT services, and Activ Financial Systems, a low-latency market data provider, to develop the new platform.
http://www.techweb.com/article/showArticle?articleID=222700263§ion=news
Merrill Lynch Japan Securities has adopted an ultra-low latency electronic trading solution allowing clients to trade from third-party data centers. The solution also allows users to access multiple exchanges from a single location by using brokers that have memberships in the exchange.
“In the past, clients looking for exceptionally low latency were limited to co-locating at specific exchange data centers in Japan,” says Carrie Cheung, director of Asia Pacific Electronic Trading at Bank of America Merrill Lynch. “Hosting there means access is limited to just one market and one broker, cost performance is not very efficient as well.”
“Latency-sensitive strategies will benefit from our state-of-the-art direct access platform and allow trading at speeds very similar to those of exchange co-location,” she says.
MLJS worked with KVH Co, a provider of network and managed IT services, and Activ Financial Systems, a low-latency market data provider, to develop the new platform.
http://www.techweb.com/article/showArticle?articleID=222700263§ion=news
Tags: low latency, low latency trading, merrill Lynch Japan
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