Trade on the low latency FX trading network engineered for traders
The Forex, or FX, market has an average daily trading volume exceeding $5 trillion, making it the largest and most liquid market in the world.
The FX market represents enormous opportunity for traders as it’s a largely decentralised global market, open 24 hours and essentially unregulated.
With great opportunity, comes great competition. The Forex market is one of the most competitive markets in the world, making it essential for traders to do all they can to secure their competitive edge.
Extending Forex trading beyond the traditional New York – London – Tokyo triangle to extend into high-growth, emerging markets is one way traders can increase profits
Although global volatility has been relatively low recently, emerging regions have witnessed a boom in OTC FX derivatives trading – with turnover rising more than 40% since 2010 according to the Bank of International Settlement (BIS).
Singapore and Hong Kong have seen particularly strong trading activity in FX interest rates, with both regions accounting for half of the growth in OTC trading across emerging markets, which totals 33%.
Trading in Asia is often complex. It requires a network which is fully diverse and highly available as well as a support team who are familiar with the local environment and have unrivalled knowledge of the diverse cable systems available.
BSO has recently expanded its FX-Ultra Low trading circuit to include high-growth trading venues Hong Kong and Singapore as demand for fast and reliable access to trade currency derivatives in emerging markets intensifies.
“With a growing appetite to trade emerging market currencies internationally, traders will need a reliable low-latency network to seamlessly reach new destinations. The inclusion of Singapore and Hong Kong provides derivative hungry market makers with unrivalled access to one of the most popular FX circuits in the world.”
The new routes, available from this month, establish BSO as the leading provider of FX low-latency connectivity to heads of trading and market infrastructure chiefs for banks, derivatives brokers and electronic market makers.