Low-Latency Connectivity Provider BSO Adds Hong Kong, Singapore Locations
- BSO is adding to its existing London-New York-Tokyo link, cementing a commitment to the Asian region.
Low-latency network provider BSO is announcing an expansion of its network specifically dedicated to foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term OTC derivatives traders. The company’s existing FX trading circuit across the globe is getting two new additions. Aside from the already established London-New York-Tokyo circuit, BSO is adding Hong Kong and Singapore.
The links between clients and brokers are stated to have been sped up by 10 milliseconds. The new links between London and Singapore and New York and Hong Kong are resulting in substantial improvements and the existing network is also getting a bump in speed.
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According to the Bank of International Settlements (BIS), OTC FX derivatives trading interest from emerging markets increased substantially in recent quarters. Such regions witnessed a boom, with turnover rising more than 40 percent since 2010.
Both Singapore and Hong Kong are regularly highlighted by the BIS as the fastest growing foreign exchange centers in the world. Combined, the two cities represent about a third of OTC trading activity from emerging markets across the globe.
The Chief Operations Officer of BSO, Emmanuel Pellé, commented on the launch: “With a growing appetite to trade emerging market currencies internationally, traders will need a reliable low-latency network to seamlessly reach new destinations. The inclusion of Singapore and Hong Kong provides derivative hungry Market Makers Market Makers Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Read this Term with unrivalled access to one of the most popular FX circuits in the world.”
The new solutions are already available on the market for banks, derivatives brokers, electronic market makers and their clients.
The Asian internet infrastructure has been developing rapidly in recent years, as demand has exploded. The professional trading infrastructure in emerging markets is one of the most serious challenges for the industry for the coming years, as interest in trading increases.
Low-latency network provider BSO is announcing an expansion of its network specifically dedicated to foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term OTC derivatives traders. The company’s existing FX trading circuit across the globe is getting two new additions. Aside from the already established London-New York-Tokyo circuit, BSO is adding Hong Kong and Singapore.
The links between clients and brokers are stated to have been sped up by 10 milliseconds. The new links between London and Singapore and New York and Hong Kong are resulting in substantial improvements and the existing network is also getting a bump in speed.
[gptAdvertisement]
According to the Bank of International Settlements (BIS), OTC FX derivatives trading interest from emerging markets increased substantially in recent quarters. Such regions witnessed a boom, with turnover rising more than 40 percent since 2010.
Both Singapore and Hong Kong are regularly highlighted by the BIS as the fastest growing foreign exchange centers in the world. Combined, the two cities represent about a third of OTC trading activity from emerging markets across the globe.
The Chief Operations Officer of BSO, Emmanuel Pellé, commented on the launch: “With a growing appetite to trade emerging market currencies internationally, traders will need a reliable low-latency network to seamlessly reach new destinations. The inclusion of Singapore and Hong Kong provides derivative hungry Market Makers Market Makers Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Read this Term with unrivalled access to one of the most popular FX circuits in the world.”
The new solutions are already available on the market for banks, derivatives brokers, electronic market makers and their clients.
The Asian internet infrastructure has been developing rapidly in recent years, as demand has exploded. The professional trading infrastructure in emerging markets is one of the most serious challenges for the industry for the coming years, as interest in trading increases.