Driven by high demand for direct, high performance connectivity to key MENA exchanges, data centre provider BSO Network Solutions has enhanced its Market Data Connect service to enable direct trading and market data access between the DGCX and Interxion London.
The new advancement further validates BSO’s offering of delivering specialist intra-region connectivity to the international financial community. The direct connectivity allows traders and professional service specialists to gain a competitive advantage, quickly sending and receiving large volumes of data without the need to have a presence at the exchange.
This enhanced offering will also enable participants to take advantage of the arbitrage opportunities between Dubai and London markets.
Stocks to Watch This Week – Expedia Group, IncGo to article >>
Dubai’s strategic location, linking Western and Eastern trading markets together, has seen the exchange rise in prominence within the financial community. This position is further enhanced by BSO’s partnership with DGCX, the operator of the Middle East’s leading derivatives exchange, and its commitment to deliver access solutions.
BSO is an international supplier of the Ethernet network as well as cloud and hosting services. The company boasts outstanding network latency rates in and out of North American and European markets as well as an extensive knowledge of connectivity in Asia and the Middle East.
Gaurang Desai, CEO of DGCX, commented: “Through BSO’s low-latency and highly resilient connectivity service; global traders and market participants can not only access DGCX market effectively from Interxion’s London Data Centre but also immensely benefit from a transparent and secure trading infrastructure to carry out their transactions.”
Fraser Bell, Chief Revenue Officer (CRO) of BSO, added: “As market-makers continue to seek access to the emerging regions, our service upgrade means traders based in London can easily trade between the city and the high-growth market in Dubai. The improved offering also builds on our strategic partnership with DGCX – ensuring firms can efficiently execute their commodity trades. This continued drive to enhance our services cements our position as the leading provider of network expertise to the emerging markets.”