EM4X Expands Presence and Connectivity with New Data Center in London
- The EM4X liquidity pool is comprised of not only traditional bank liquidity.
EM4X, an FX aggregator specializing its offering and services to the emerging and frontier markets, has moved to secure a new data center and matching engine in London, in a bid to help foster improved pricing measures and market access for foreign exchange (FX) participants, according to a corporate statement.
The London Summit 2017 is coming, get involved! [gptAdvertisement] The new LD4 center will aim to provide increased connectivity with EM4X’s FX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term venues. In addition, the company plans on expanding its global footprint by adding additional data centers in Sao Paulo, Istanbul and Tokyo by year’s end. The move follows on the heels of other leading venues opting to link into the aforementioned data nexuses, which continue to attract leading trading venues across the FX space, as well as allow them to better serve its emerging market client base.
The new initiative is important for global FX market participants as it helps streamline pricing capabilities, enabling clients to connect locally to all EM4X FX transaction venues, regardless of location. Moreover, the group has also opted to strengthen its streaming pricing service to both Turkey and Tokyo, with Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term in mind. The EM4X liquidity pool is comprised of not only traditional bank liquidity but substantial liquidity providers from the non-bank space. As such these providers can help improve latency for real-time pricing to their respective local clientele throughout MENA and Asia.
Jean-Louis Jaumin, Global Head of Sales at EM4X said: “Sticking to our mantra of providing the Emerging Market participants with better trading solutions, the FX community will have access to a closer and more reliable pool of liquidity and functionality offered by the EM4X team. We have seen a trend where local banks and brokers, from Australia to Zimbabwe, have increasingly adopted electronic trading to better optimize their strategies, portfolios or customer orders.”
Alex Oberhozer of Banca Credinvest added: “We welcome this move by EM4X to introduce regional data center connectivity to its platforms. Reduced latency access to streaming prices will improve price discovery for the market overall.”
EM4X, an FX aggregator specializing its offering and services to the emerging and frontier markets, has moved to secure a new data center and matching engine in London, in a bid to help foster improved pricing measures and market access for foreign exchange (FX) participants, according to a corporate statement.
The London Summit 2017 is coming, get involved! [gptAdvertisement] The new LD4 center will aim to provide increased connectivity with EM4X’s FX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term venues. In addition, the company plans on expanding its global footprint by adding additional data centers in Sao Paulo, Istanbul and Tokyo by year’s end. The move follows on the heels of other leading venues opting to link into the aforementioned data nexuses, which continue to attract leading trading venues across the FX space, as well as allow them to better serve its emerging market client base.
The new initiative is important for global FX market participants as it helps streamline pricing capabilities, enabling clients to connect locally to all EM4X FX transaction venues, regardless of location. Moreover, the group has also opted to strengthen its streaming pricing service to both Turkey and Tokyo, with Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term in mind. The EM4X liquidity pool is comprised of not only traditional bank liquidity but substantial liquidity providers from the non-bank space. As such these providers can help improve latency for real-time pricing to their respective local clientele throughout MENA and Asia.
Jean-Louis Jaumin, Global Head of Sales at EM4X said: “Sticking to our mantra of providing the Emerging Market participants with better trading solutions, the FX community will have access to a closer and more reliable pool of liquidity and functionality offered by the EM4X team. We have seen a trend where local banks and brokers, from Australia to Zimbabwe, have increasingly adopted electronic trading to better optimize their strategies, portfolios or customer orders.”
Alex Oberhozer of Banca Credinvest added: “We welcome this move by EM4X to introduce regional data center connectivity to its platforms. Reduced latency access to streaming prices will improve price discovery for the market overall.”