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.

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, 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