Firms that trade on Euronext.liffe using LIFFE CONNECT will have the option to host their trading engines at the BT Radianz hosting facility in London to achieve the lowest execution time and avoid the natural latency that occurs when trading over distance. Reduced latency can also be achieved by using brokers that already utilize Radianz Proximity Solution to host their servers for trading on LIFFE CONNECT. .
Chris Church, Executive Vice President, Global Sales, BT Radianz, says: âAs todayâs markets continue to become more automated, market participants need reliable connectivity solutions and robust capacity to meet market demands. By providing our Members with access to the LIFFE CONNECT service over BT Radianz shared market infrastructure and hosting facilities, we are addressing the demands for lower cost alternatives for clients to access the worldâs most liquid exchanges in the shortest time possible. We are pleased to work with Euronext.liffe and look forward to rolling out LIFFE CONNECT to other BT Radianz hosting centers.â
Paul MacGregor, Director Technology Partnerships, Euronext.liffe, said: âThe BT Radianz solution for the LIFFE CONNECT service will benefit our customers by offering super-fast, efficiently-delivered, hosted trading solutions to Euronext.liffe. Radianz Proximity Solution allows us to reach a wider and more diverse customer base. Furthermore, BT Radianzâs footprint in the financial services sector allows us to explore a number of other joint sales and marketing initiatives to increase the ease and efficiency of trading with Euronext.liffe.â
Launched in the New York-area in 2005 and expanded to Europe and Asia in 2006, Radianz Proximity Solution provides flexible, scalable, low latency connectivity to major market data and execution venues. In addition to access to Euronext.liffe, firms that host their servers with BT Radianz will be able reach any of the nearly 50 other Exchanges connected to BT Radianz.