LLC is expanding its footprint in Singapore and the Asia-Pacific region with a point of presence (POP) in the Equinix SG1 data centre.
The expansion accommodates current retail and institutional client requirements and underpins to grow its infrastructure that is co-located at Equinix NY4, LD4, TY3, and CH2. The move expands availability of its infrastructure to support electronic trading by financial institutions and high-frequency trading (HFT) firms.
Getting circuits up and running more quickly also enables Lucera’s users, such as exchanges, banks and hedge funds, to reap savings and achieve improvements in performance.
The direct connectivity allows traders and professional service specialists to gain a competitive advantage, quickly sending and receiving large volumes of data without the need to have a presence at local venues. The offering also enables investors to take advantage of the arbitrage opportunities between different markets.
This Singapore data center deployment will allow with greater access to the Asian market and offer its services to the growing eFX community in the region. The company is also hoping to access new customers in what it describes as a thriving region.
Speed of execution becomes more important as volumes picking up
The new facility will provide interconnection and premium data center services to help businesses accelerate time-to-market, speed connections to marketplaces and exchanges, and reduce operational and regulatory risk while eliminating the capital expense of building and operating a real-time network of customer and exchange connectivity.
Among a number of solutions through its transcontinental fiber network, Lucera provides financial services companies with infrastructure for connectivity and software defined networks (SDNs) and with collocated centers in Chicago, London, and New York – where the company’s main office is located.
More than half of the worldwide forex trading occurs through those hubs, making it especially important to Lucera’s clients, which include investment banks, electronic market makers and hedge funds.
With , speed of information and execution becomes even more important to traders competing for access to new pools of liquidity. Lucera’s foreign exchange ECN solution, dubbed ‘LumeFX,’ offers a distributed matching engine to power over 10 marketplaces in the eFX industry. The FX platform has an integrated pre-credit, TCA and order trail managers with the option to connect on-net clients via the Lucera Connect product.
Be First to Comment