BSO adds New Latin American Route as Traders Get a Taste for Mexican Stocks
Chicago, 17th October 2018 – We now have new direct connectivity link between the Mexican stock exchange (BMV) and some of the largest exchanges across North America.
Our new Point of Presence (PoP) in Mexico City provides ultra low-latency connectivity spanning Latin America, Chicago, and New York. As a result, electronic market makers will be able to trade Mexican stocks faster in and out of BMV – which records daily trading volumes over $800 million. Our PoP is located on the same road as the second largest exchange in Latin America, which enables traders to have closer proximity to the BMV matching engines.
With geopolitical uncertainties and trade concerns impacting the global decrease in public listings, the connectivity will be welcomed by liquidity hungry firms looking for economically booming destinations to trade. An anticipated 30% increase in the number of publicly listings in Mexico over the next three years, (Source: Mexican Government), will provide ample profit-making opportunities. The enhanced North American network reinforces our aim to provide the fastest possible global connectivity to meet the increasing speed demands of firms trading the world’s financial markets.
Commenting on the new route, Fraser Bell, Chief Commercial Officer at BSO said:
“A thriving economy, growing at its fastest rate in six quarters, makes Mexico an enticing proposition for any trader seeking new pools of liquidity. With IPO activity picking up a head of steam, the lowest possible latency is a necessity for any firm wanting to trade newly listed stocks efficiently. Our new route provides traders with unrivalled access to the leading trading venues across Latin and North America.”
Available from this month, the route cements our position as the leading provider of global low-latency connectivity to heads of trading and infrastructure for investment banks, brokers and electronic market makers.
The company was founded in 2004 and serves the world’s largest financial institutions. BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others. BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served.
The company’s network comprises 240+ PoPs across 33 markets, 40+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location.
BSO is headquartered in Ireland, and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore. Access our website and find out more information: www.bso.co
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