18 April 2015

BME set for co-lo services

11 October 2012  |  1458 views  |  0 Source: BME

BME's co-location service will start operations on November 12th in its Data Processing Centre, in Madrid. In addition, BME will provide high-tech facilities to house its Market Member's automatic trading systems.

The goal of this service is to improve the speed of access to the Spanish market, in this way enhancing liquidity and improving price formation.

Five firms have applied for the new service, which allows financial firms to place their servers just a few meters away from BME's Cash and Derivatives trading platforms. This closeness will significantly reduce the communication times between both systems, as a result of which Market Members will enjoy greater operational capacity. The whole infrastructure of the service will be managed by specialised BME staff, in this way ensuring fairness in terms of access and a secure system.

In order to meet operational needs within the stock markets, the real time prices supplied by BME Market Data will also be accessible from the same facilities. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
UK banks covering up cybercrime losses - C...
6649 views 13 comments | 26 tweets | 13 linkedin
BBVA buys UX firm Spring Studio
6395 views comments | 32 tweets | 17 linkedin
Card is king as cash usage continues to fa...
6094 views comments | 22 tweets | 14 linkedin
Digital and core renewal to drive bank IT...
4760 views comments | 32 tweets | 25 linkedin
World Bank reports big drop in numbers of...
4543 views 10 comments | 36 tweets | 13 linkedin

Featured job

Basic £85-110K dependent on experience OTE circa £...
London

Find your next job