16 July 2018
Visit www.avoka.com

BME to open new point of access to Spanish stock market in London

09 December 2014  |  1934 views  |  0 Source: BME

BME, through its technological subsidiary, Visual Trader, will open a new point of access to the Spanish stock market in London, equipped with the necessary communications infrastructure for investors to connect to the Spanish electronic equity (SIBE) and derivatives (SMART) trading platforms.

The new gateway will be operational in late January 2015.

The hub will be the third opened by BME to allow firms in London to access the Spanish market in a safe, fast and reliable way, using high capacity fiber optic lines connected to Madrid by separate routes in order to ensure the continuity of the service. The network used for the connection ensures the maximum data transmission speed (latency will be reduced to only 11.3 milliseconds, a 20% improvement on the current link).

The Equinix London Slough Data Centre campus has been chosen for the installation of the access node. Equinix's data centre campus hosts the IT systems of more than 200 financial institutions and technology providers, which will make it easier for new investment firms to access BME.

The campus is a leading colocation and proximity hosting hub for the most important international equity buy and sell—side firms in the world, besides being a connection node for other European and North American markets, which will enable BME members to receive orders from other marketplaces worldwide.

According to José Parga, CEO of Visual Trader, BME, "the new node will be a breakthrough in terms of speed, quality and ease of access to the Spanish cash and derivatives markets, helping to increase liquidity and closer ties between BME and financial institutions in London". 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit info.nice.comVisit www.aciworldwide.comVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Flux ready for take-off on Barclays Launchpad; scores trial with Costa CoffeeFlux ready for take-off on Barclays Launch...
10553 views comments | 4 tweets | 9 linkedin
Handelsbanken trials micro contactless cardsHandelsbanken trials micro contactless car...
9569 views comments | 18 tweets | 30 linkedin
PayPal ready to spend $3bn a year on acquisitionsPayPal ready to spend $3bn a year on acqui...
8113 views comments | 13 tweets | 17 linkedin
Championing financial inclusion and helping the UnstoppablesChampioning financial inclusion and helpin...
8103 views comments | 3 tweets | 1 linkedin
No greater change will occur than that in financial servicesNo greater change will occur than that in...
7659 views comments | 7 tweets | 13 linkedin

Featured job

to GBP £90K base, double OTE (estimate)
London, UK or Europe

Find your next job