14 Apr 2015

CONNECT INTO DGCX WITH BSO: ENHANCED DERIVATIVES TRADING IN THE MIDDLE EAST

BSO, the global Ethernet, cloud and hosting provider, today announced its strategic partnership with DGCX, the operator of the Middle East’s leading derivatives exchange.

DGCX customers now have access to BSO’s range of specialist connectivity services, including Market Data Connect, which provides access to valuable market data without a need for a dedicated connection.

Driven by the financial community’s demand for direct, high-performance connectivity into key Middle Eastern stock exchanges, this announcement highlights BSO’s dedication to ensuring its customers remain at the forefront of the trading sector.

Michael Ourabah, CEO at BSO, said, “We have been supporting Dubai-based organisations for over six years. This latest development is a natural progression for us, especially as an increasing number of trading firms look to take advantage of an extremely lucrative region. Powered by our network infrastructure, DGCX has further cemented its position as the main growth exchange for the Middle East region. The partnership also acts as a major competitive differentiator for trading firms interested in widening their portfolios.”

Partnering with BSO has significantly strengthened DGCX’s market proposition and aligns the exchange with a network provider that is constantly optimising its own network routes for the benefit of clients. DGCX also now possesses the capability to significantly increase the trading volumes it can handle, a critical component of maintaining its attractiveness to global financial institutions.

“We recognised the need for a network partner with the capability to provide both the lowest latencies in the market, as well as an extremely high level of service. BSO’s knowledge and expertise of the Middle Eastern region, in particular its understanding of the local telecoms landscape, is extremely valuable for our clients, as are the dedicated account management and network operations teams they support us with.”
Basab Banerjee
CTO, DGCX

Read more at The Trading Mesh and Finance Magnates.