15 Nov 2023

BSO and CryptoStruct Enhance Cryptocurrency Trading Connectivity: A Collaboration for High-Frequency Traders_

We are thrilled to announce a significant development in our collaboration with CryptoStruct, a leading market data and trading solution provider for algorithmic traders in cryptocurrency markets. In a recent interview conducted by A-Team Insight, our Head of UK, ME & APAC, Matthew Lempriere, and Iain Clarke from CryptoStruct delved into the latest advancements in our joint effort to enhance connectivity and provide a consolidated market data feed.

Since 2020, the engineering teams at BSO and CryptoStruct have been working tirelessly to create a robust, institutional-grade solution tailored for high-frequency and algorithmic crypto traders worldwide. The collaboration aims to provide seamless low latency connectivity between cryptocurrency exchanges and deliver consolidated market data through a single aggregated feed.

CryptoStruct's specialised crypto trading platform aggregates market data from renowned cryptocurrency exchanges such as Binance, OKX, Coinbase, and BYBIT. This platform offers not only high-frequency trading capabilities but also dynamic market dashboards and comprehensive order and position management. To further empower traders, the Strategy Development Kit allows firms to write their strategies, eliminating the need to manage exchange setups.

Iain Clarke, Head of Sales at CryptoStruct, emphasises, "Our software's primary aim is to allow traders to concentrate on creating profitable trading strategies. We handle all the technical aspects, eliminating the need for trading firms to manage exchange setups."
The collaboration has successfully integrated various global crypto exchanges into a single, comprehensive order book, achieving top-level aggregation and full-depth consolidation. By leveraging BSO's outstanding low latency network, effective distribution across required locations is ensured.

A key element of this collaboration is BSO's Crypto Cloud Connect, an ultra-low latency cloud connectivity backbone. Matthew Lempriere highlights, "To have a new product like this that we've been asked for a number of times by our community of existing clients and new prospects is a very exciting addition to be able to offer."

With a focus on speed, efficiency, and a small data centre footprint with regional network interconnection, our joint offering is poised to attract cryptocurrency firms seeking to trade on new venues or expand into new markets.

For a detailed insight into this collaboration, read the full interview on A-Team Insight.

ABOUT BSO

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, 50+ 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