Source: BT Radianz
BT Radianz, a leading global provider of financial services connectivity, announced today that RSJ, a Czech specialist brokerage firm, is utilizing Radianz Proximity Solution to enable low-latency direct market access (DMA) from its Prague headquarters to exchanges in London.
RSJ's trading engines will be hosted at the BT Radianz data center in London, giving RSJ critical access and minimum latency to London's financial market markets.
Kevin Covington, Executive Vice President, of Product & Business Development, BT Radianz, said: "Our agreement with RSJ perfectly illustrates the value of Radianz Proximity Solution. Markets are no longer driven solely from the traditional financial centres. Trading firms outside these centres need the same fast access to market information and trading as local firms in order to remain competitive. Radianz Proximity Solution provides a fully-managed, locally-hosted platform for accessing market data and trading services for customers globally."
Speaking on behalf of RSJ, Karel Janeček, member of the Board of Directors, added: "Fast access to London's exchanges is critical to RSJ as we look to expand our presence on the international stage. By utilizing Radianz Proximity Solution we are able to focus on the development of trading models and algorithms' rather than on global connectivity, hosting and co-location issues."