FX ECN 7Hedge Provides Low Latency Solution for FX Traders
- As latency taking central stage in the trade Fixnetix and 7Hedge are partnering to offer users advanced FX capabilities, with the tech firm providing connectivity in the LD4 and NY4 data centres.
Fixnetix, a leading technology provider to financial services firms, has announced that it is providing connectivity to FX trading firm, 7Hedge. The move comes on the back of enhanced requirements for participants in the currency markets to trade in a speed sensitive environment.
The two firms reported that they have signed an agreement whereby 7Hedge will be utilising the network of Fixnetix, an established player dealing with over 40 data centers and providing connectivity to over 90 markets. Hosting 7Hedge on the mature infrastructure that Fixnetix has in place will allow users to establish connectivity to 7Hedge quickly and easily on a global scale.
Ashwind Soonarane, Global 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 & Distribution, 7Hedge, commented about the new offering in a statement. “We are the first ECN to offer such connectivity options via Fixnetix at zero cost," he said. Adding, "We will be delivering even faster execution with ultra-low round-trip latency to many existing clients as well as on-boarding new clients wishing to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term and profit from this unique relationship.”
Hugh Hughes, Chairman and CEO of Fixnetix added: “Fixnetix are happy to support 7Hedge in continually driving innovation in the FX marketplace. Our robust, low latency global network provides the perfect highway to connect market participants further.
Market access to 7Hedge will be offered to clients free of fees by Fixnetix as 7Hedge will be providing sponsorship. 7Hedge, with its global drive to increase liquidity to the FX marketplace has invested to ensure the cost of new client connections remains competitive."
Fixnetix, a leading technology provider to financial services firms, has announced that it is providing connectivity to FX trading firm, 7Hedge. The move comes on the back of enhanced requirements for participants in the currency markets to trade in a speed sensitive environment.
The two firms reported that they have signed an agreement whereby 7Hedge will be utilising the network of Fixnetix, an established player dealing with over 40 data centers and providing connectivity to over 90 markets. Hosting 7Hedge on the mature infrastructure that Fixnetix has in place will allow users to establish connectivity to 7Hedge quickly and easily on a global scale.
Ashwind Soonarane, Global 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 & Distribution, 7Hedge, commented about the new offering in a statement. “We are the first ECN to offer such connectivity options via Fixnetix at zero cost," he said. Adding, "We will be delivering even faster execution with ultra-low round-trip latency to many existing clients as well as on-boarding new clients wishing to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term and profit from this unique relationship.”
Hugh Hughes, Chairman and CEO of Fixnetix added: “Fixnetix are happy to support 7Hedge in continually driving innovation in the FX marketplace. Our robust, low latency global network provides the perfect highway to connect market participants further.
Market access to 7Hedge will be offered to clients free of fees by Fixnetix as 7Hedge will be providing sponsorship. 7Hedge, with its global drive to increase liquidity to the FX marketplace has invested to ensure the cost of new client connections remains competitive."