Orange Business Services - Trading Solutions, the leader in voice and electronic trading infrastructures and services for the trading communities, today announced the launch of TradExtra, a modular extranet service offering, embedded into the company's trading-specific MPLS network providing enhanced connectivity to boost trading communications.
TradExtra enables customers to trade electronically, provides low latency connectivity to multiple trading resources, networks, exchanges and institutions and helps members to meet guidelines set by regulators such as those associated with MiFID.
Dedicated to trading and providing resilient and managed site connectivity, TradExtra is an easy to use and cost efficient service that offers network members a range of rich extranet features including differentiated data services, proximity hosting, trading telephony and voice and data convergence without exclusivity constraints.
This fully managed service helps trading firms to control and remove any hidden costs. It has already been implemented by several buy and sell-side customers across Europe. TradExtra users will benefit from Orange Business Services - Trading Solutions commitment to developing and delivering new innovative products to customers that give them a competitive edge. Benefits include access to the exclusive SquawkNews module that provides voice delivered market news to the trader's desk.
Arsène Ahouansou, connectivity product manager, Orange Business Services - Trading Solutions, said, "We are committed to continuous innovation to help meet our customers' needs in an ever changing trading environment. With the launch of TradExtra, for the first time customers are guaranteed low latency extranet services, through a dedicated network and organisation that deliver highly critical data and quality trading telephony to enable a higher class of trading."