Liffe announced that the Exchange's dual 100Mbps connectivity, and purpose-built Co-Location facility went live successfully on Monday 14 July.
Together these two enhancements offer customers faster access to Liffe's markets.
The fiftyfold increase in the capacity of the new network (from 2Mbps to 100Mbps), which uses NYSE Euronext's SFTI (Secure Financial Transaction Infrastructure) network, means that market data can now be sent uncompressed to customers. This will further shave the time it takes for data to reach them, enable the Exchange to supply full market depth information on all products and accelerate order execution on LIFFE CONNECT. There are plans in place for further capacity increases which will provide customers with the option of moving their access up from 100Mbps to 1 Gigabit.
Liffe's customers now also have the ability to locate their trading servers beside the LIFFE CONNECT matching engines in Liffe's new data centre. Designed for Liffe's most time-sensitive customers, co-location offers the fastest possible access to the market, with order round-trip times of single figure milliseconds.
Garry Jones, Executive Director of Business Development and Strategy at Liffe, said: "Liffe's launch of 100Mbps capacity connections and co-location is a significant step for the growing number of our customers who use algorithmic trading models that rely on the speed of the system on which they trade."
Simon Chapman, Executive Director of Derivatives Technology Services at Liffe said: "By using NYSE Euronext's SFTI network we can show customers a clear path for further enhancements in the speed of the service we can offer them, as well as offer a wider range of products through a single connection to LIFFE CONNECT. The first day of trading over the new infrastructure has been very encouraging and we have seen significant performance improvements across all products. We have further planned changes which will lead to even faster order execution which will phased in over the coming weeks."
Govert Heijboer Director, Derivatives Trading at Saen Options said: "The co-location gives us the ability to react to market conditions as soon as they happen. It offers us the environment to stay competitive in a world that is globally interconnected which makes every millisecond count."