Turquoise Picks BT for Hosting, Connectivity for ‘Near-Zero’ Latency
At 28 Feb 2008 04:17:21 in ET-Connectivity, ET-Low Latency Trading, ET-Multilateral Trading Facilities, Electronic Trading
Turquoise Trading Limited, the multilateral trading facility (MTF) established by nine European investment banks, has selected BT for secure hosting services and low latency connectivity, claiming that the MTF it will be able to offer its users fast, direct access to the trading platform and the option to co-locate their trading engines with BT to achieve “near-zero” trading latency. In order to ensure maximum resiliency, Turquoise systems will be hosted in two of BT’s data centres in the London area, with the centres connected by BT’s low latency technology and enabling synchronous data transfer.
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