Fixnetix, managed services provider for ultra-low latency market data, trading and risk control, announced today an exclusive strategic alliance has been formed with Custom Connect MV.
The two companies have partnered to offer the latest in ultra-low latency trading technology, microwave access between London and Frankfurt with now down to 2.375 microseconds (one way) for NYSE Euronext, NYSE Liffe, Xetra & Eurex colocation datacentres. This latest offering from Fixnetix caters to the same market of latency sensitive traders at leading investment banks, hedge funds and proprietary trading firms. Under the deal, Fixnetix has signed an exclusive agreement to act as a reseller of available bandwidth and provide a data service over the link including forthcoming latency upgrades, will also cover additional exchange colocation facilities in London & Europe.
"Fixnetix is pleased to offer microwave access as the latest technology for the fastest trading in the world," says Hugh Hughes, Chief Executive of Fixnetix. "We have chosen Custom Connect MW as the right partner in helping us respond to global customers seeking the strongest managed outsourced model for scalability and costs."
"Custom Connect MW is excited about the strategic partnership with Fixnetix that is now able to include our Microwave services in their portfolio. We consider this strategic partnership with the pioneer in financial services a confirmation of our ability to deliver a new type of connectivity service to the highest demanding community within the financial market. Together with Fixnetix we're able to supply the financial community with the next generation of low latency connectivity completed and integrated with the strongest portfolio of managed services and market data."