ADS Securities and Fixnetix have just announced the design and implementation of one of the world’s first 40Gb Ethernet technology FX solutions. Installed in Tokyo (TY3) with ADS Securities’ new OREX platform, it offers an ultra-low latency solution for institutional forex traders.
Philippe Ghanem, Vice-Chairman and Executive Managing Director at ADS Securities, commented: “From the day we started the company we have been investing in technology, and we immediately saw the opportunity that installing a 40Gb Ethernet solution would provide to our clients. 40Gb networks are already used by other low latency asset classes, but as far as we are aware no one has invested in the development need for FX trading.”
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The firms explained that the deployment in TY3 uses 40Gb network cards and allows for each tick from multiple liquidity venues to be processed with dramatically reduced delays as the additional bandwidth mitigates microbursts in volatile market conditions. 40Gb technology has been selectively used in other low latency asset classes, but the set up costs have always been high. Recent design changes have lowered the data centre footprint and increased capacity providing cost effective performance benefits.
“With the ever increasing numbers of liquidity venues, 40Gb technology provides capacity for existing and future growth ensuring ADS Securities clients get the best access to liquidity and pricing helping to ensure best execution,” added Mr. Ghanem.
Fixnetix has established itself as a leading global managed services provider for ultra-low latency market data, trading and risk control. Their CEO & Chairman, Hugh Hughes, said “Fixnetix are pleased to have worked with ADS Securities on what is a state of the art FX deployment. “