LCG Taps Solace to Improve Trading Latency of CFDs and Spread Betting
- Solace offers a unique combination of operational simplicity and low latency.
UK-based FX, spread betting and CFDs provider London Capital Group (LCG) has selected Solace’s solutions for use in its core trading infrastructure that distributes real-time price information to LCG’s applications and traders.
Solace offers a unique combination of operational simplicity and low latency, allowing the spread better to build a highly responsive service for its clients.
Important considerations in LCG’s decision to outsource Solace’s infrastructure were its ability to handle information routing between the brokerage’s internal applications, as well as reduce latency and simplify data flows to ensure LCG applications are always synchronized. This helps reduce response times and Slippage Slippage In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price Read this Term for its comprehensive network, the company says.
Solace's message routers are also projected to reduce the datacenter footprint while also providing improved monitoring and management.
According to Annivas, CIO of LCG, in a recent statement on the integration of Solace solutions: "Solace technology helped us upgrade our information pipeline to ensure data is shared in a fast and reliable manner. We are now able to easily connect all elements of our trading applications so we can efficiently scale to meet the changing needs of our business."
Keith McAuliffe, general manager of financial services at Solace, added: "CFD and spread betting are markets where the optimization of data management is critical to growth and client retention. Our work with LCG is a great example of how our technology can help businesses simplify their data movement infrastructure while improving their ability to collect, distribute and Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term increasing amounts of real-time data."
UK-based FX, spread betting and CFDs provider London Capital Group (LCG) has selected Solace’s solutions for use in its core trading infrastructure that distributes real-time price information to LCG’s applications and traders.
Solace offers a unique combination of operational simplicity and low latency, allowing the spread better to build a highly responsive service for its clients.
Important considerations in LCG’s decision to outsource Solace’s infrastructure were its ability to handle information routing between the brokerage’s internal applications, as well as reduce latency and simplify data flows to ensure LCG applications are always synchronized. This helps reduce response times and Slippage Slippage In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price In financial trading, slippage refers to the difference in price between the price an order was intended or expected to be filled and the actual price an order was filled. Slippage is a very contentious issue among retail traders, which can lead to issues. Many traders view levels of slippage at brokers as a key determinant for their business. For example, in forex trading, if a trader places a trade intending to enter a buy on the EUR/USD at 1.1080, but they only get into the market at a price Read this Term for its comprehensive network, the company says.
Solace's message routers are also projected to reduce the datacenter footprint while also providing improved monitoring and management.
According to Annivas, CIO of LCG, in a recent statement on the integration of Solace solutions: "Solace technology helped us upgrade our information pipeline to ensure data is shared in a fast and reliable manner. We are now able to easily connect all elements of our trading applications so we can efficiently scale to meet the changing needs of our business."
Keith McAuliffe, general manager of financial services at Solace, added: "CFD and spread betting are markets where the optimization of data management is critical to growth and client retention. Our work with LCG is a great example of how our technology can help businesses simplify their data movement infrastructure while improving their ability to collect, distribute and Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term increasing amounts of real-time data."