MarketPrizm is a managed trading infrastructure solution, offering connectivity to the regionâs trading venues, market data acquisition, hosting options, applications and services designed to support all types of electronic trading. Optimized for latency-sensitive strategies including high frequency trading, MarketPrizm is a trading ecosystem underpinned by PrizmNetâ¢, the companyâs proprietary, dedicated bespoke 10Gbps network for high speed access to the markets.
UBS Direct Execution provides an array of advanced electronic trading services, including direct market access (DMA) and algorithmic trading strategies, to enable their clients to pursue best execution in Europe. The firm is a recognized innovator and award winner in this space. Chi-Tech is providing UBS a bespoke MarketPrizm solution, delivering a technological infrastructure service that will augment their expanding range of co-location and ultra-low latency market access services.
âOur ongoing mission is to continually evolve our capabilities in order to provide our clients with the cutting edge of trading technology and market access,â said Tim Wildenberg, Managing Director, Head of Direct Execution Services EMEA for UBS Investment Bank. âThis new infrastructure service will enable us to deliver co-location and even greater speed for our clients in Europe who are focused on low latency trading. MarketPrizm provides us with great flexibility, performance and scalability, which are essential to our clientsâ performance.â
Nicolas Levy, Managing Director for MarketPrizm, said: âWe are very happy to be working with a clear leader in direct market access and advanced electronic trading services. MarketPrizm will even further enhance the firmâs capabilities in this area, providing an infrastructure service that allows them to on-board new clients quickly and efficiently, and to provide those clients with new services, convenience and great flexibility. We look forward to supporting the firmâs client services strategies and continued innovations.â