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The Kyte Group live with AlgoSpan AlgoNet

28 January 2013  |  824 views  |  0 Source: AlgoSpan

AlgoSpan, the specialist market infrastructure provider, is pleased to announce that The Kyte Group has gone live with AlgoSpan's low latency exchange market access platform, "AlgoNet'.

The Kyte Group and their clients can now access the AlgoNet low latency European exchange network, including co-location at all major venues.

With the growing demand from high frequency trading firms and hedge funds to get the lowest latency possible at the most competitive prices, The Kyte Group looks to leverage off the AlgoSpan infrastructure to help in growing their DMA business.

Dr Rami Habib, co-founder and Director of AlgoSpan quotes, "Kyte Group is one of the leading integrated clearing, broking and Direct Market Access service providers and AlgoSpan is committed to providing the best possible infrastructure to them and their clients. AlgoSpan understands the need for fast exchange access and connectivity."

Also offered over the AlgoSpan infrastructure is the market leading low latency normalised market data (AlgoData), for all the major European Exchange/MTF trading venues. "Good quality, low latency market data is critical for any trader that is looking for best execution with the ability to route orders to the most effective venue. AlgoSpan have built both the infrastructure and the low latency normalisation to make this readily accessible" quotes Dr Habib.

Peter Green CEO of The Kyte Group Limited said, "Kyte Group is delighted to add AlgoSpan as one of our key infrastructure providers.

We have been impressed with the quality of service and the technology on offer and we are pleased to be using AlgoSpan internally as well as offering access to the infrastructure to our clients." 

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