CFH Clearing, an interbank prime of prime (PoP) liquidity provider for both small and medium sized institutional venues, has announced the upcoming launch of its new matching engine in TY3 in Japan, which will aim to further strengthen the number of processed trades for users, according to a CFH Clearing statement.
The latest upgrade to CFH Clearing’s infrastructure represents a continued effort to cater to the group’s regional clientele in one of the most active locales in the financial world. The new matching engine in TY3 will officially go live in April 2016, which will effectively replicate CFH’s existing pricing infrastructure in LD4.
The enhancement is important as it constitutes another attempt by the group to strengthen its Asian offering, with a specific focus on its growing regional clientele. As a result of the new connection, CFH Clearing estimates that the round trip interval between London and Tokyo will be reduced by approximately 200 milliseconds.
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According to Nick Mortimer, Head of Prime Brokerage and Clearing, in a recent statement on the upcoming enhancement: “Our investment in TY3 ensures that clients trading in and around Japan who use our liquidity into MT4 or other platforms have the fastest possible execution and lowest possible latency.”
“Clients in the region are already benefiting from the ultra-low latency and cost efficiencies gained from our Point of Presence in Hong Kong and a number of data centres in China. This latest development highlights our commitment to further expansion in the region,” he added.
CFH Clearing recently made headlines after it extended its platform capabilities to Olfa Trade, which helped pave the way for an integrated offering earlier this month. Per the accord, CFH Clearing is offering Olfa Trade’s Seamless FX (SFX) platform to institutional clients as a white label product – the cloud-based platform SFX serves to expand a number of FX capabilities as well as risk management and pricing strategies for institutional clients.