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X2M connects Milan data centre to CME Group's London POP

28 April 2014  |  1491 views  |  0 Source: London Stock Exchange Group

X2M, an innovative gateway to international financial markets, is implementing a new connection from its Milan data centre to the CME Group POP in London.

X2M, a business of the London Stock Exchange Group, is a growing collaborative community of interconnected trading firms, venues and financial networks. X2M aims to develop innovative tools and service models integrating the value chains and expertise of partners. Through data centres located in London, Milan, Rome and Frankfurt, X2M is connected to the markets of Borsa Italiana, LMAX Exchange, LSE, MTS, BATS Chi-X, CME Group, e-MID, Eurex, Hi-mtf, Liffe, LMAX Exchange, NYSE Euronext, EuroTLX and Xetra.

X2M will provide customers with the opportunity to access CME Group's exchanges: Chicago Mercantile Exchange; Chicago Board of Trade; and NYMEX through a high bandwidth and low latency backbone, reducing costs and the impact of technology changes. X2M also supports the launch of CME Europe on 27 April, the new FCA-supervised London based, wholly owned subsidiary of CME Group. 

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