Low-Latency Connectivity Provider BSO Adds Hong Kong, Singapore Locations

Wednesday, 07/06/2017 | 11:09 GMT by Victor Golovtchenko
  • BSO is adding to its existing London-New York-Tokyo link, cementing a commitment to the Asian region.
Low-Latency Connectivity Provider BSO Adds Hong Kong, Singapore Locations
Bloomberg

Low-latency network provider BSO is announcing an expansion of its network specifically dedicated to foreign Exchange OTC derivatives traders. The company’s existing FX trading circuit across the globe is getting two new additions. Aside from the already established London-New York-Tokyo circuit, BSO is adding Hong Kong and Singapore.

The links between clients and brokers are stated to have been sped up by 10 milliseconds. The new links between London and Singapore and New York and Hong Kong are resulting in substantial improvements and the existing network is also getting a bump in speed.

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According to the Bank of International Settlements (BIS), OTC FX derivatives trading interest from emerging markets increased substantially in recent quarters. Such regions witnessed a boom, with turnover rising more than 40 percent since 2010.

Both Singapore and Hong Kong are regularly highlighted by the BIS as the fastest growing foreign exchange centers in the world. Combined, the two cities represent about a third of OTC trading activity from emerging markets across the globe.

The Chief Operations Officer of BSO, Emmanuel Pellé, commented on the launch: “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 solutions are already available on the market for banks, derivatives brokers, electronic market makers and their clients.

The Asian internet infrastructure has been developing rapidly in recent years, as demand has exploded. The professional trading infrastructure in emerging markets is one of the most serious challenges for the industry for the coming years, as interest in trading increases.

Low-latency network provider BSO is announcing an expansion of its network specifically dedicated to foreign Exchange OTC derivatives traders. The company’s existing FX trading circuit across the globe is getting two new additions. Aside from the already established London-New York-Tokyo circuit, BSO is adding Hong Kong and Singapore.

The links between clients and brokers are stated to have been sped up by 10 milliseconds. The new links between London and Singapore and New York and Hong Kong are resulting in substantial improvements and the existing network is also getting a bump in speed.

[gptAdvertisement]

According to the Bank of International Settlements (BIS), OTC FX derivatives trading interest from emerging markets increased substantially in recent quarters. Such regions witnessed a boom, with turnover rising more than 40 percent since 2010.

Both Singapore and Hong Kong are regularly highlighted by the BIS as the fastest growing foreign exchange centers in the world. Combined, the two cities represent about a third of OTC trading activity from emerging markets across the globe.

The Chief Operations Officer of BSO, Emmanuel Pellé, commented on the launch: “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 solutions are already available on the market for banks, derivatives brokers, electronic market makers and their clients.

The Asian internet infrastructure has been developing rapidly in recent years, as demand has exploded. The professional trading infrastructure in emerging markets is one of the most serious challenges for the industry for the coming years, as interest in trading increases.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
  • 22 Followers
About the Author: Victor Golovtchenko
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.
  • 3424 Articles
  • 22 Followers

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