BSO, an infrastructure and connectivity provider, has partnered with CryptoStruct, a market data and trading solution provider for algo traders, to develop its cryptocurrency trading solution.
Ultra-Low Latency Cloud Connectivity Solution
BSO's ultra-low latency cloud connectivity solution known as Crypto Cloud Connect serves as a network backbone and cloud connectivity for CryptoStruct's crypto trading platform.
CryptoStruct's data feed is a major component of their trading solution, consolidating market data from 16 cryptocurrency exchanges, covering 95% of global liquidity, including exchanges like Binance, OKX, Coinbase, and BYBIT.
This software provides real-time market data, high-frequency trading capabilities, market dashboards, scalable runtime, order and position management as well as historical market data for order book analysis and backtesting.
CryptoStruct: Algorithmic Trading in Crypto
Founded in 2004, BSO is an infrastructure and connectivity provider that serves over 600 data-intensive businesses, including financial services, technology, energy, e-commerce, and media.
BSO offers infrastructure, including network connectivity, cloud solutions, managed services, and hosting, tailored to a customer's needs. The company's network spans 240+ Points of Presence across 33 markets and connects to 75+ on-net internet exchanges and 30+ stock exchanges. BSO has its headquarters in Ireland and 11 offices worldwide.
Michael Ourabah, the CEO at BSO, expressed: "Together, we are leading the market, innovating relentlessly, and reinvesting in the marketโs only specialist solution for traders wanting to operate at the competitive edge of the market."
Established in 2019, CryptoStruct provides solution for algorithmic trading in the crypto markets. CryptoStruct provides a strategy development kit and trading runtime, allowing trading firms to develop and implement trading strategies within an event-driven framework. This helps clients develop their trading strategies across various exchanges.
Iain Clarke, the Head of Sales at CryptoStruct, highlighted the significance of the partnership: "For the first time ever, clients can receive an aggregated full-depth order book for all crypto pairs of all major crypto exchanges via one single feed. This is a significant step forward."