Savvis a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that FXall the leading independent electronic foreign exchange platform, has renewed its Hosting and infrastructure services agreement with Savvis and will take additional data center space to accommodate client demand and ongoing market growth.
The leading ECN part of the big four; Currenex, Hotspot and 360T recently completed an IPO and reported solid Q1 2012 results.
FXall is currently trading at $15.90.
FXall - providing more than 1,000 institutional clients a choice of execution, end-to-end workflow management and straight-through processing - receives hosting services in Savvis' NJ2 data center complex in Weehawken, N.J. FXall's customers can colocate in the facility and utilize direct fiber cross connects to establish the lowest latency connections available for trading on the platform. Additionally, FXall connectivity is available across Savvis' global low-latency network.
"Hosting our matching engine in Savvis' data center allows us to streamline the process of connecting to our trading partners and clients to deliver ultra-low-latency connectivity, while leveraging a market-leading IT infrastructure service," said Steve Rubinow, chief information officer for FXall.
The global foreign exchange market represents average daily turnover of interbank, corporate, institutional and retail trading venues estimated at $4 trillion, which is more than 12 times the average daily turnover of global equity markets combined. Approximately 43 percent of global spot foreign exchange (FX) daily volume is matched on trading engines that are hosted in Savvis data centers, with all key venues in the market within 100 microseconds of a Savvis facility.
FXall reported its average daily trade volume for March 2012 - $90.4 billion.
"With increasing volumes and Liquidity within the FX markets, we continue to see strong interest from clients in connecting to FXall," said Varghese Thomas, global head of financial services for Savvis. "Savvis builds compelling trading ecosystems for our clients, offering connectivity to numerous venues, and we are very proud that FXall continues to choose Savvis as its hosting infrastructure provider."
Savvis a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that FXall the leading independent electronic foreign exchange platform, has renewed its Hosting and infrastructure services agreement with Savvis and will take additional data center space to accommodate client demand and ongoing market growth.
The leading ECN part of the big four; Currenex, Hotspot and 360T recently completed an IPO and reported solid Q1 2012 results.
FXall is currently trading at $15.90.
FXall - providing more than 1,000 institutional clients a choice of execution, end-to-end workflow management and straight-through processing - receives hosting services in Savvis' NJ2 data center complex in Weehawken, N.J. FXall's customers can colocate in the facility and utilize direct fiber cross connects to establish the lowest latency connections available for trading on the platform. Additionally, FXall connectivity is available across Savvis' global low-latency network.
"Hosting our matching engine in Savvis' data center allows us to streamline the process of connecting to our trading partners and clients to deliver ultra-low-latency connectivity, while leveraging a market-leading IT infrastructure service," said Steve Rubinow, chief information officer for FXall.
The global foreign exchange market represents average daily turnover of interbank, corporate, institutional and retail trading venues estimated at $4 trillion, which is more than 12 times the average daily turnover of global equity markets combined. Approximately 43 percent of global spot foreign exchange (FX) daily volume is matched on trading engines that are hosted in Savvis data centers, with all key venues in the market within 100 microseconds of a Savvis facility.
FXall reported its average daily trade volume for March 2012 - $90.4 billion.
"With increasing volumes and Liquidity within the FX markets, we continue to see strong interest from clients in connecting to FXall," said Varghese Thomas, global head of financial services for Savvis. "Savvis builds compelling trading ecosystems for our clients, offering connectivity to numerous venues, and we are very proud that FXall continues to choose Savvis as its hosting infrastructure provider."
FX Volatility Impacts Q1 Revenue of Compagnie Financière Tradition
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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