NetXpress partners with BSO to open up new regions for market makers
NetXpress, a specialist managed services provider for market data, has selected BSO’s global low-latency connectivity network to deliver U.S clients seamless access to emerging markets.
BSO’s emerging market experience, coupled with its highly stable trading links, were the two key factors behind NetXpress’s decision. BSO’s network connection points span across the Middle East, Asia, South America and Africa, in addition to the more established North American and European markets.
For market makers looking to these regions for new revenue streams, the speed and reliability at which NetXpress provision market data is crucial in order to execute trades quicker than the rest of the industry.
Commenting on the partnership, Fraser Bell, Chief Revenue Officer of BSO, said: “The fastest access to pricing data is imperative for market makers to make quick fire decisions on whether to buy or sell. As demand across emerging regions increases, our diverse global network and proven infrastructure ensures NetXpress clients have seamless access to time-sensitive market information.”
Moshe Siegel, Managing Director at NetXpress, added: “We are pleased to partner with BSO in a manner which plays to each firm’s core strengths. BSO’s leadership in global connectivity coupled with NetXpress’ deep experience in providing financial firms with world-wide market connectivity and managed services, provides an all-encompassing solution to financial customers”
The agreement with NetXpress, which comes hot on the heels of a deal with FX and derivatives broker Sucden Financial last month, cements BSO’s reputation as a leading low-latency connectivity provider to emerging markets.
NetXpress was founded by industry veterans, Moshe Siegel and Scott Feagans. NetXpress is a low latency focused managed service provider, dedicated to creating custom, resilient solutions for financial clients across the globe.
NetXpress is an innovator in the managed service space, providing financial firms with a latency edge for shared exchange connectivity. By deploying layer1 distribution, NetXpress has minimised the burden of excessive switch hops and flattened their network. This strategic network design is supported by the NetXpress global network operations centre, which utilises a ‘follow the sun’ model.
NetXpress has fully managed service locations in 350 E. Cermak, Aurora, NY4, Basildon, LD4 and Frankfurt FR2. The tactical partnership with BSO extends their colocation capabilities to numerous other global data centres in response to client demand.