Warsaw Stock Exchange Launches Co-Location Services for Low Latency Trading
- Poland’s main stock exchange has highlighted its commitment to developing the regions capital markets with the launch of its new co-location facility. The new solution will connect participants at a maximum of 50 microseconds.
The Warsaw Stock Exchange’s (WSE) move to become a dominant player in the central and eastern European region has been extended by the launch of its latest development in latency reducing techniques. The Polish exchange has announced that it will offer trading participants co-location facilities in Warsaw. The new service is expected to attract a wave of high frequency and algorithmic traders.
The new service will be delivered by the exchanges new platform, Universal Trading Platform (UTP), which has been supplied by NYSE Technologies, a division of NYSE Euronext. Traders will benefit from high-speed access to Warsaw’s vast range of financial instruments. Participants will connect with the UTP system, which will take a maximum of 50 microseconds.
Adam Maciejewski, Chief Executive of the WSE spoke about the new launch in a statmenet, he commented: "The co-location service is currently offered by most of the important global stock exchanges. We are always sensitive to our clients' expectations, so we aim to continually improve our offer by adding new top-level services. As a result of the introduction of Universal Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term at Warsaw Stock Exchange, we strive to systematically increase the competitiveness of our market and improve 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 in Warsaw."
The Warsaw Stock Exchange launched the UTP platform earlier this year in April, its aim to be a financial hub of the region was strengthened with a 30% stake in the newly formed Aquis Exchange.
The Warsaw Stock Exchange’s (WSE) move to become a dominant player in the central and eastern European region has been extended by the launch of its latest development in latency reducing techniques. The Polish exchange has announced that it will offer trading participants co-location facilities in Warsaw. The new service is expected to attract a wave of high frequency and algorithmic traders.
The new service will be delivered by the exchanges new platform, Universal Trading Platform (UTP), which has been supplied by NYSE Technologies, a division of NYSE Euronext. Traders will benefit from high-speed access to Warsaw’s vast range of financial instruments. Participants will connect with the UTP system, which will take a maximum of 50 microseconds.
Adam Maciejewski, Chief Executive of the WSE spoke about the new launch in a statmenet, he commented: "The co-location service is currently offered by most of the important global stock exchanges. We are always sensitive to our clients' expectations, so we aim to continually improve our offer by adding new top-level services. As a result of the introduction of Universal Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term at Warsaw Stock Exchange, we strive to systematically increase the competitiveness of our market and improve 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 in Warsaw."
The Warsaw Stock Exchange launched the UTP platform earlier this year in April, its aim to be a financial hub of the region was strengthened with a 30% stake in the newly formed Aquis Exchange.