MexDer Launches New Alternative Order Routing in Equinix NY Data Center

Tuesday, 05/09/2017 | 19:43 GMT by Aziz Abdel-Qader
  • Over time, MexDer plans to enhance its existing capabilities by adding additional services to its POP offering.
MexDer Launches New Alternative Order Routing in Equinix NY Data Center
Bloomberg

The Mexican Derivatives Exchange (MexDer), a subsidiary of the Mexican Stock Exchange (BMV Group), today deployed the second stage of its Point-of-Presence (POP) in the Equinix NY5 Data Center , which offers the possibility of sending orders directly via a dedicated link from New Jersey to MexDer.

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The Latin American exchange said that the new upgrade will be translated into a lower latency in the order routing from Secaucus, NJ, via its resilient and fully managed network solution.

MexDer is leveraging Equinix’s co-location capability in key international markets to help meet the needs of its growing business across the American region.

The MexDer’s POP supports the exchange's efforts to further expand its global presence as it introduces a new channel to interconnect with the existing ecosystem of financial market participants operating within Equinix's NY5 hub.

In its initial stage, the offering provided clients with access to market data on a new multicast data feed, which enabled lower latency for electronic equities and derivatives market providers.

Over time, MexDer plans to enhance its existing capabilities by adding additional services to its POP offering, which allows clients to utilize advanced financial data.

Effective August 25, 2017, MexDer no longer has an order routing agreement with CME Grouo to link their platforms.

The Mexican Derivatives Exchange (MexDer), a subsidiary of the Mexican Stock Exchange (BMV Group), today deployed the second stage of its Point-of-Presence (POP) in the Equinix NY5 Data Center , which offers the possibility of sending orders directly via a dedicated link from New Jersey to MexDer.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

The Latin American exchange said that the new upgrade will be translated into a lower latency in the order routing from Secaucus, NJ, via its resilient and fully managed network solution.

MexDer is leveraging Equinix’s co-location capability in key international markets to help meet the needs of its growing business across the American region.

The MexDer’s POP supports the exchange's efforts to further expand its global presence as it introduces a new channel to interconnect with the existing ecosystem of financial market participants operating within Equinix's NY5 hub.

In its initial stage, the offering provided clients with access to market data on a new multicast data feed, which enabled lower latency for electronic equities and derivatives market providers.

Over time, MexDer plans to enhance its existing capabilities by adding additional services to its POP offering, which allows clients to utilize advanced financial data.

Effective August 25, 2017, MexDer no longer has an order routing agreement with CME Grouo to link their platforms.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
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About the Author: Aziz Abdel-Qader
  • 4984 Articles
  • 31 Followers

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