Exclusive: Beeks FX VPS Offers Dedicated Servers, Moves to Equinix LD4/5 to Cut Latency

According to information obtained exclusively by Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates, the biggest company providing virtual private servers (VPS) for retail FX traders, Beeks FX VPS, recently moved its London presence into the Equinix LD4/5 data center from TelecityGroup's Powergate facility.

As most of the Forex world in Europe is largely located in Equinix LD4/5, the move allows Beeks to deliver lower latency to its clients of major bridge providers, banks, ECN aggregators, etc. Companies co-located at Equinix include LMAX, OneZero, CME Group and ParFX.

The move makes Beeks the first company to offer access to both New York and London Equinix facilities to its clients. The firm is putting cross connects to PrimeXM, OneZero, some of the other large bridge providers.

The company moved a couple of thousand of virtual machines over two weekends to the Equinix LD4/5 location data center in Slough, some 20 miles west of central London. Previously, the firm's servers were located in TelecityGroup's Powergate facility.

Beeks FX VPS is also expanding from just providing VPSs to also offering dedicated servers in both London and New York. The service is particularly useful for clients using FIX API for their trading operations or for traders looking for dedicated hardware as opposed to shared virtualised offerings.

Forex Magnates has also learned that the firm will shortly be releasing an API to all of its broker customers. It will allow brokers to automate the process of provisioning Virtual Machines (VMs) or dedicated servers to their customers into any of the BeeksFX data centers around the world.

They can integrate their CRM and back office packages into the system, independent of which Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term is used. The API was obtained by the company as part of its acquisition of Gallant VPS back in April.

Since a lot of big brokerages have many VPS clients, the introduction of a dedicated API streamlines the process and eases the management of the cloud services offered.