Fixnetix bags Credit Suisse hosted trading deal
17 November 2008 | 8161 views | 0
Credit Suisse is to use technology from Fixnetix to offer hosted low-latency trading support and ultra-fast direct market access to users of its Advanced Execution Services business.
Under the agreement, Credit Suisse will use Fixnetix's Hedge Fund Hosting package to provide the bank's high frequency, latency-sensitive trading customers with immediate access to fast exchange connections in order to reduce trading roundtrip times.
In addition Fixnetix will provide the bank's clients with non-conflated market data and on-demand direct connectivity to European exchanges and multi-lateral trading facilities.
Naseer Al-Khudairi, co-head of cash trading at Credit Suisse, says: "Partnering with Fixnetix means that we can provide our customers with a fully-supported, managed service with access to all the major markets, with a reliable and flexible trading infrastructure."