The Kyte Group taps Object Trading for collocation DMA coverage

Source: Object Trading

Object Trading, an independent provider of global direct market access (DMA), today announced that The Kyte Group, an integrated clearing, broking and investment service provider for professional traders and investors around the world, is extending its global collocation DMA coverage with Object Trading.

Kyte previously used Object Trading for customers connected to its London and Frankfurt collocation offices and are now expanding its coverage to Chicago and Milan.

Object Trading has provided European cash equities and European and North American derivative data for Kyte's screen and algo customers connected to their London co-location offices for the past three years and are now extending the relationships to mirror Kyte's global expansion. Object Trading also provides low latency prices and full pre-trade risk managed order routing for Kyte through FrontRisk, an inline pre-trade risk constraints offering. FrontRisk allows Kyte to deploy a uniform risk approach to each venue, providing Kyte customers with standardized access to numerous exchanges, resulting in proven stability and scalability.

Thomas Texier Chief Operating Officer The Kyte Group said, "Expanding our collocation coverage with Object Trading beyond London to new markets in Europe and the US is a testament to our firms' mutual success. Object Trading have proven themselves to be a trusted partner over the past three years. Their ability to provide an infrastructure that includes independent direct market access and pre-trade risk tools we are looking for creates an effective, scalable model that is truly unique in the industry."

"Object Trading and The Kyte Group are a natural fit and we are pleased to extend our relationship with them," said Steve Woodyatt, CEO of Object Trading. "By providing Kyte with a single way of both managing risk and accessing the numerous exchanges where they transact, they have the flexibility to improve performance while keeping costs low."
For more information, visit http://www.objecttrading.com/. 

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