CitiFX and Deltix to offer ultra low latency FX trading solutions

CitiFX and Deltix have teamed up to offer low latency trading solutions to a mutual client; Alacrity FX a systematic FX portfolio manager. Alacrity FX will benefit from the combined expertise of CitiFX and Deltix which is hosted at Equinix's New York data centre.

Deltix is a lading software solution provider for firms looking to deploy advanced trading strategies.

CitiFX is the institutional FX division of global giant Citi Bank. CitiFX was the latest bank to introduce margin trading for retail clients.

As time to 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 is a critical success factor for money managers the partnership offers CitiFX's executable market data with the Deltix suite all hosted in a secure and fast trading envcironemnt.

“We need to know that our mission critical systems are always available and secure so we are pleased in having our Deltix software hosted by Equinix, which provides best-in-class infrastructure as well as connectivity to market participants” said Stephane Coquillaud of Alacrity FX.

Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this Term facilities in FX have been popular since high frequency trading strategies are being implemented by hedge funds and banks-internal trading desks.