Lowered latencies bring greater speed advantage to traders in the location.
BSO, the global Ethernet network, cloud and hosting provider, has significantly lowered network latencies in / out of Dubai. At the time of writing, BSO’s network offers the lowest latencies on the market.
This advancement is the latest in a series of network optimisations strengthening BSO’s position as the network provider of choice for organisations connecting into the Middle East and Asia.
This development also reinforces BSO’s partnership with DGCX – Dubai Gold & Commodities Exchange. DGCX continues to grow as a globally strategic trading location, with the exchange reporting growth of 43% during its most recent company statement. Many of DGCX’s products are in high demand due to volatility in global markets and a resurgence of gold as an investment safe haven.
DGCX today accounts for 36% of the global exchange traded market share in the Indian rupee. The exchange recently entered into an agreement with the Shanghai Gold Exchange to list Shanghai Gold Futures on its exchange. It will be the first yuan-denominated gold future product to be offered outside of China and it will use the Shanghai Gold Benchmark Price as its pricing mechanism.
“High Frequency Traders and algorithmic traders will benefit immensely from our new latencies,” says Michael Ourabah, CEO at BSO. “Dubai and DGCX are extremely popular marketplaces for the international financial community and we are constantly refining our network to ensure our customers are always one step ahead of competitors.”
This news coincides with BSO’s sponsorship and attendance at FOW Trading GCC where the team are available to discuss this announcement. Please email firstname.lastname@example.org to arrange a meeting at the event.
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
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