Lucera Sweetens Offering with Presence in Singapore Data Centre

Lucera Financial Infrastructures LLC is expanding its footprint in Singapore and the Asia-Pacific region with a point of presence (POP) in the Equinix SG1 data center.

The expansion accommodates current retail and institutional client requirements and underpins Lucera’s strategy to grow its infrastructure that is co-located at Equinix NY4, LD4, TY3, and CH2. The move expands the availability of its infrastructure to support electronic trading by financial institutions and high-frequency trading (HFT) firms.

Getting circuits up and running more quickly also enables Lucera’s users, such as exchanges, banks, and hedge funds, to reap savings and achieve improvements in performance.

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 local venues. The offering also enables investors to take advantage of the arbitrage opportunities between different markets.

This Singapore data center deployment will allow Lucera to provide its existing customers with greater access to the Asian market and offer its services to the growing eFX community in the region. The company is also hoping to access new customers in what it describes as a thriving region.

Speed of execution becomes more important as volumes picking up

The new facility will provide interconnection and premium data center services to help businesses accelerate time-to-market, speed connections to marketplaces and exchanges, and reduce operational and regulatory risk while eliminating the capital expense of building and operating a real-time network of customer and exchange connectivity.

Among a number of solutions through its transcontinental fiber network, Lucera provides financial services companies with infrastructure for connectivity and software-defined networks (SDNs) and with collocated centers in Chicago, London, and New York – where the company’s main office is located.

More than half of the worldwide Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading occurs through those hubs, making it especially important to Lucera’s clients, which include investment banks, electronic market makers, and hedge funds.

With FX volumes picking up, speed of information and execution becomes even more important to traders competing for access to new pools of 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. Lucera’s foreign exchange ECN solution, dubbed ‘LumeFX,’ offers a distributed matching engine to power over ten marketplaces in the eFX industry. The FX platform has an integrated pre-credit, TCA, and order trail managers with the option to connect on-net clients via the Lucera Connect product.