22 February 2017
visit nextgenbanking.co.uk

BME set for co-lo services

11 October 2012  |  1720 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)

Related company news

 

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextra visit BNP paribas

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
18833 views 11 comments | 56 tweets | 92 linkedin
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
9889 views comments | 49 tweets | 67 linkedin
hands typing furiouslyBlockchain Technology
9280 views 0 | 8 tweets | 1 linkedin
Kevin the bot uses blockchain to offer insurance for P2P transactionsKevin the bot uses blockchain to offer ins...
8852 views comments | 19 tweets | 15 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
7567 views comments | 37 tweets | 33 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job