MarketPrizm Provides Low Latency Data and Access for NASDAQ OMX NLX

MarketPrizm, a leading provider of market data and trading infrastructure services, today announced that it will provide market data and 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 connectivity across Europe for NASDAQ OMX NLX. NLX, the new London derivatives market, will offer a range of both short- and long-term interest rate (STIRs and LTIRs) euro- and sterling-based listed derivatives products, subject to Financial Conduct Authority (FCA) approval..

MarketPrizm will provide market data and order entry for NLX members in co-location at the primary site Equinix LD4, and secondary site Interxion BrickLane, as well as from anywhere in Europe using PrizmNet, MarketPrizm’s dedicated infrastructure for the financial trading industry. Market data will be immediately available via PrizmNet’s existing low latency resilient fibre network. NLX members can also 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 PrizmNet for their post-trade clearing connectivity to LCH.Clearnet or their general clearing members (GCMs). In addition, MarketPrizm will provide NLX members with the option of managed hardware and infrastructure services.

“We are delighted to have been chosen by NLX,” said Tanuja Randery, CEO of MarketPrizm. “The desire for customers to trade across multiple asset classes, combined with more trading migrating from OTC to exchanges, has created new opportunities for European trading venues. The launch of NLX means that market participants will now benefit from increased options in derivatives trading. MarketPrizm has continued to expand its coverage of the derivatives markets in Europe, and we are very pleased to partner with NLX.”

“NLX are pleased that MarketPrizm will offer their customers access to the NLX market for market data and execution connectivity,” said Carl Slesser, CTO at NLX. “We have targeted partners who can offer our customers straight-forward access to the benefits of lower execution fees, simplified execution on a single market for both the short and long end of the European interest rate curve, and access to horizontal clearing where all NLX products can be portfolio margined.”