Beeks Financial Cloud Launches Platinum Tier to Accelerate Trade Execution

Beeks Financial Cloud, a provider of financial cloud infrastructure, has today announced the launch of its 'Platinum Tier', a new server class with significantly increased computing power that is now available for Beeks Financial Cloud clients.

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In July this year, BeeksFX VPS decided to look beyond retail foreign exchange services and expanded into institutional space culminating in its new brand, Beeks Financial Cloud.

Faster Trade 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 launch of the new Platinum Tier server class delivers to clients customisable dedicated server solutions, including Single or Dual Intel CPUs, ranging from 18-Core to 38-Core, RAM ranging from 64GB to 256GB and Dual 10 GbE (Gigabit) Network Interfaces.

The launch of our Platinum Tier has further diversified our product offering to our clients.

As Platinum Tier quadruples the performance capabilities of current Beeks dedicated server offerings, clients are now able to get their trades executed faster than ever.

Beeks’ Global Director of Sales & Marketing, Victor Hendrix, commented: “The launch of our Platinum Tier has further diversified our product offering to our clients. When you combine the options we have between VPS, DS, low-latency exchange connectivity, premier data center Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term/colocation, and low-latency dedicated fiber, we have truly built the premier, global financial cloud for financial and technology firms.”

With the addition of the Platinum Tier, Beeks now offers over 100 different pre-built and pre-packaged compute options so that clients can choose the options that best suit their specific requirements.

Clients can connect to Beeks’ global infrastructure of financial exchanges, venues, bridges, brokers and institutions through 'BeeksConnect'.

With this new addition, the company continues to move toward becoming the one-stop shop for institutional traders, proprietary trading firms, brokers, wealth managers and high-end retail traders’ trading infrastructure.