BSO Teams Up with Kaiko for Cryptocurrency Market Data

BSO, an Ethernet network, cloud, and Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term provider, announced this Thursday that it has joined forces with Kaiko, a provider of institutional grade cryptocurrency market data.

Together, the two companies will deliver real-time market data to clients directly from connected cryptocurrency exchanges, starting first with Gemini, the digital asset exchange founded by the Winklevoss twins.

The market data connection will be delivered in two stages. In the first implementation, BSO will deliver a live-streaming low-latency data feed from Equinix NY4 for the current investors of Gemini.

As Gemini has collocated its servers in an institutional grade Data Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term, a cross-connect has been implemented to also provide clients of Kaiko the ability to access the data directly.

Commenting on the partnership Ambre Soubiran, CEO at Kaiko, said: “Market participants in the digital assets industry need transparent and reliable trading data in order to succeed."

“Whether they are a crypto fund or traditional institutional investor, it is essential to have clear visibility and access to high quality and granular data in this complex market. We are delighted to be working with BSO to bring live crypto exchange data to our clients.”

Coverage to include more crypto exchanges

The second stage will see the coverage extend to additional exchanges, with new sources of data for market participants being added to the data feed.

“Starting with Gemini, we expect to be rolling out coverage quickly in response to client needs,” Soubiran continued. However, what exchanges will be included in the fold next has not been revealed.

Speaking on the reasoning behind the partnership, Michael Ourabah, CEO at BSO added: “our network is engineered to deliver institutional quality and service and we’re proud to support the crypto currency community by enabling them to connect to the worlds’ financial ecosystem with minimal investment – anywhere in the world."

"Working with Kaiko, we are very pleased to be able to add real time crypto currency data and extend the solutions we are delivering from our connected exchanges to include this growing and increasingly important asset class.”