Fortex and CNS Launch Equinix NY4 Cross Connect

Fortex, a major electronic communication network (ECN), has announced a new partnership with Commercial Network Services (CNS). The companies have teamed up to launch a new connectivity upgrade within the Equinix NY4 datacenter.

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An optical fiber cross connect is now linking the infrastructure of the companies, thus optimizing connectivity for algorithmic trading. Users of high-frequency trading (HFT) strategies that demand ultra-low levels of latency will get better access to the FX market.

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At a time when a lot of scrutiny is focused on the HFT industry in stocks, a number of traders have switched to the decentralized foreign exchange market. The partnership between the companies was driven by the increased demand in this area.

Commenting on the news, the Global Head of Sales at Fortex, Natallia Hunik, said: “With the addition of the new cross connect to CNS Networks, our customers have the ability to further improve their connectivity to the best interbank connectivity providers and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term sources in the marketplace.”

The VPS (Virtual Private Server) service delivered to clients thanks to the partnership is particularly useful to traders whose accounts are with Fortex's broker clients. Traders that are using a VPS typically use mainly algos for their Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term. The service is also very popular in locations where connectivity is poor and traders typically experience higher latency, namely in the Southeast Asian region.

European traders can get the fastest possible access via the CNS UK setup located at Equinix LD5. A private line to NY4 is readily available.

Traders will need to make a separate purchase of the VPS in order to use the service with various plans suited to different needs.

"This new and highly redundant circuit is available to all CNS VPS, VPN and Internet access subscribers automatically and without any additional charge. If you are trading with a Fortex broker from the CNS network, then you are already enjoying premium access to the Fortex network,” commented Barry Bahrami, CEO of Commercial Network Services.