Beyond Collocation: Al Moore talks to Future Banking
Tue, 31 Jan 2012 14:44:14 GMT
As an algorithmic trader, access to a multitude of financial market participants and proximity to key trading venues bring multiple benefits, from reduced costs to rapid responsiveness. Al Moore of Fixnetix (right) and Robin Manicom of Equinix (far right) explain how a close partnership with your data centre provider can provide a solid platform for growth and keep institutions at the top end of the latency curve.
Technological developments over the past few years have seen finance professionals become increasingly mobile. The growth of tablets and smartphones, combined with the cloud operational environment, has allowed information to be exchanged on the move and over great distances. Proximity is still an important factor, however, particularly when it comes to algorithmic trading. Thanks to ever more sophisticated electronic trading technology, latency levels are being driven down to the point where a few microseconds can make millions of pounds’ worth of difference over the course of a year. When speed is of the essence, the distance between data centre and user is crucial – a fact that is complicated by the need to provide services across multiple geographies and asset classes. This is where UK technology provider Fixnetix made its name.
