Exponential-e Ltd, one of the UK's most innovative technology enablers announced today that the London Metal Exchange (LME) is the latest addition to Exponential-e's growing portfolio of on-net financial exchanges.
Exponential-e will provide direct ultra-low latency connectivity into the trading platform over its network.
Established in 1877 and located in the heart of The City of London, the London Metal Exchange is the world's premier non-ferrous metals market. LMEselect is the exchange's electronic trading platform, which Exponential-e's growing community of 250+ financial organisations will be able to access directly through its network.
Lee Wade, CEO, Exponential-e, commented: "Exponential-e is committed to not only delivering an incredibly robust and high-speed network, but also to offering the widest possible range of connectivity locations, particularly to our customers in vertical markets. Our 100GigE core network is the perfect platform for delivering direct, ultra-low latency connectivity into financial exchanges, where speed and reliability are of paramount importance to customers."
The announcement follows recent expansion by Exponential-e of its network reach to financial venues including BATS Chi-X. The organisation provides direct connectivity to over 42 different UK financial exchanges and trading platforms.