10.04.2017

FX Trading Pushes Boost in Connection Speeds

Trading in the foreign exchange market is about to get faster.

Global network provider BSO has optimized the speed across its London to Tokyo route as currency traders raise their demands for faster trading. The upgrade will affect the London-Tokyo part of BSO’s established FX triangle, providing traders with the lowest latency on the market.

Tokyo witnessed FX turnover of $399 billion last year, according to the Bank of International Settlements (BIS). The revamped route means even lower latency, which empowers BSO’s growing FX client base to increase the volume of trades they can execute through the network.

BSO’s commitment to consistently enhancing its circuit ensures clients can quickly adjust to the continuing electronification of FX markets less than five months out from MiFID II.

“In the fast-paced world of FX, time is literally money. This is why having the lowest possible latency across our leading London-Tokyo route is a must for the international trading community. Every millisecond counts, and with MiFID II just around the corner, the voice to computer-based trading shift is gathering increasing momentum,” says Fraser Bell, Chief Revenue Officer at BSO.

“We are always pushing the limits of our network to keep pace with the changes to market infrastructure, which is why we provide ultra low-latency connectivity on one of the busiest FX circuits in the world.” Bell concluded.

The London-Tokyo upgrade reconfirms BSO’s position as the leading FX connectivity provider across established and emerging markets, including Hong Kong and Singapore.

BSO’s global network reaches 20 countries with 91 data centre locations comprising all the major trading venues. Key connected cities include Chicago, New York, Frankfurt, London, Dubai, Tokyo, Shanghai, Hong Kong and Singapore. BSO is redefining connectivity through best-in-class services, global knowledge base and a unique approach to customer experience.

 

Related articles

  1. Kurk won Excellence in Service Providers at Markets Media Group’s 2021 Women in Finance (U.S.) Awards.

  2. The shared private ledger from Baton Systems enhances settlement speed and efficiency.

  3. FX Global Code has increased focus on FX execution quality.

  4. The change gives FXall users streamlined clearing of NDF trades through LCH ForexClear.

  5. Less risk and increased speed will lead to lower costs and improved outcomes for investors.