Fixnetix Gains Service Provider Status at CME's Hosting Facility for Managed Services & Co-Location
- Automated trading firms will benefit from access to global markets through Fixnetix’s new solutions at the CME Hosting Facility. The firm has been recognised with service provider status.
Fixnetix, a leading provider of Front Office IT Services,is enhancing its coverage of exchanges and trading venues as it will be providing co-location and IT Services in the CME Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term Facility. The new service complements its existing offering in central Chicago. The firm’s presence in the CEMARK facility will provide customers with a diverse choice of partners.
The CEMARK facility offers users a vast set of features that support their trading needs. On its website, the CME outlines the key components that construct its hosting facility, stating that there is more than 50,000 square feet of recently re-modeled raised floor space, with three substations providing 18 MW of power and three independent cooling systems holding a capacity of 4,000 tons.
The infrastructure is built to support both fast-moving markets, as well as firms that consume substantial data. In addition, there are 170 miles of fiber throughout the building connecting the financial ecosystem.
Hugh Hughes, pictured, CEO & Chairman Fixnetix, commented in a statement: “Fixnetix is extremely focused on delivering a world class front-office managed service solution to CME Group customers.”
The trading venue authorises a number of firms providing technology solutions to providers in financial markets. On the firm's website it lists the number of providers, with over thirty registered as service providers, these including,Thomson Reuters, S&P Capital IQ and CQG.
Building Speed
Fixnetix is one of the leading providers of low latency services to financial trading firms. It was the first company to offer an FPGA (Field Programmable Gate Array) trading solution, announcing a real-time low latency filter, iX-eCute, an FPGA to solve the eternal industry conundrum of pre-trade risk, compliance and ultra-low latency Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term.
Unlike other solutions, the iX-eCute microchip has near zero impact on latency for governing the required checks directed by the recent SEC Rule 15c3-5 and anticipated declarations from other regulatory governing bodies by having nic to nic times as low as 740 nanoseconds.
The notion of speed has fast become a pivotal subject matter in global financial markets trading since the establishment of e-trading across asset-classes, participants on the buy and sell-side have been enhancing their systems to cater to super fast trading.
Fixnetix, a leading provider of Front Office IT Services,is enhancing its coverage of exchanges and trading venues as it will be providing co-location and IT Services in the CME Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term Facility. The new service complements its existing offering in central Chicago. The firm’s presence in the CEMARK facility will provide customers with a diverse choice of partners.
The CEMARK facility offers users a vast set of features that support their trading needs. On its website, the CME outlines the key components that construct its hosting facility, stating that there is more than 50,000 square feet of recently re-modeled raised floor space, with three substations providing 18 MW of power and three independent cooling systems holding a capacity of 4,000 tons.
The infrastructure is built to support both fast-moving markets, as well as firms that consume substantial data. In addition, there are 170 miles of fiber throughout the building connecting the financial ecosystem.
Hugh Hughes, pictured, CEO & Chairman Fixnetix, commented in a statement: “Fixnetix is extremely focused on delivering a world class front-office managed service solution to CME Group customers.”
The trading venue authorises a number of firms providing technology solutions to providers in financial markets. On the firm's website it lists the number of providers, with over thirty registered as service providers, these including,Thomson Reuters, S&P Capital IQ and CQG.
Building Speed
Fixnetix is one of the leading providers of low latency services to financial trading firms. It was the first company to offer an FPGA (Field Programmable Gate Array) trading solution, announcing a real-time low latency filter, iX-eCute, an FPGA to solve the eternal industry conundrum of pre-trade risk, compliance and ultra-low latency Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term.
Unlike other solutions, the iX-eCute microchip has near zero impact on latency for governing the required checks directed by the recent SEC Rule 15c3-5 and anticipated declarations from other regulatory governing bodies by having nic to nic times as low as 740 nanoseconds.
The notion of speed has fast become a pivotal subject matter in global financial markets trading since the establishment of e-trading across asset-classes, participants on the buy and sell-side have been enhancing their systems to cater to super fast trading.