For qualified BGCantor Market Data subscribers, 7ticks will now be able to provide network access across the entire 7ticks global network for US Treasuries and ELX Futures products. 7ticks will be able to provide connectivity to major liquidity destinations such as Chicago, New York, New Jersey, London, and Frankfurt.
âFor algo traders, and those wanting to trade more complex strategies, latency is a key consideration. By working with the 7ticks team to provide co-location and networking services to our clients and preferred vendors, we are offering our customers the ability to implement ultra-fast CEP solutions for our electronically traded products,â said Robert Brown, Global Head of eBusiness Integration, BGC Partners.â
â7ticks is extremely pleased to be working with the BGC team. Together, we have simplified the complexity and cost associated with the performance trading goals of efficient global market data delivery and order execution,â said Joe Bigane, Managing Director of 7ticks. âOur clients are always looking for ways to shave milliseconds off their trades while controlling infrastructure costs. Todayâs announcement is another example of our rapid expansion to meet the growing demand for these electronic trading services.â
BGC and 7ticks are also working with a number of independent software vendors (ISVs) via BGCâs preferred vendor program to offer fast connectivity to BGCâs electronic trading platform on 7ticksâ network. A growing number of ISVs are currently developing their applications for trading the BGC product sets, and 7ticks is providing network management services for vendors seeking connectivity solutions.