Kyte develops DMA offering

The Kyte Group, an integrated clearing, broking and investment service provider for professional traders and investors around the world is extending its global collocation DMA coverage with Object Trading.

Kyte previously used Object Trading for customers connected to its London and Frankfurt collocation offices and are now expanding its coverage to Chicago and Milan.

Object Trading has provided European cash equities and European and North American derivative data for Kyte's screen and algo customers connected to their London 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 offices for the past three years and are now extending the relationships to mirror Kyte's global expansion. Object Trading also provides low latency prices and full pre-trade risk managed order routing for Kyte through FrontRisk, an inline pre-trade risk constraints offering. FrontRisk allows Kyte to deploy a uniform risk approach to each venue, providing Kyte customers with standardized access to numerous exchanges, resulting in proven stability and Scalability Scalability Scalability is a term that describes the constraints of a network via hash rates to meet increased demand. In the context of Bitcoin, scalability reflects the issue in which a limited rate can process transactions adequately.Blocks within the Bitcoin blockchain are limited in both size and frequency. The overall transaction processing capacity of the network is dictated by the average block creation time of 10 minutes as well as a block size limit of 1 megabyte. Consequently, this leads to pain Scalability is a term that describes the constraints of a network via hash rates to meet increased demand. In the context of Bitcoin, scalability reflects the issue in which a limited rate can process transactions adequately.Blocks within the Bitcoin blockchain are limited in both size and frequency. The overall transaction processing capacity of the network is dictated by the average block creation time of 10 minutes as well as a block size limit of 1 megabyte. Consequently, this leads to pain Read this Term.

Kyte started offering a pure FX ECN in partnership with FX55.

Thomas Texier Chief Operating Officer The Kyte Group said, "Expanding our collocation coverage with Object Trading beyond London to new markets in Europe and the US is a testament to our firms' mutual success. Object Trading have proven themselves to be a trusted partner over the past three years. Their ability to provide an infrastructure that includes independent direct market access and pre-trade risk tools we are looking for creates an effective, scalable model that is truly unique in the industry."

"Object Trading and The Kyte Group are a natural fit and we are pleased to extend our relationship with them," said Steve Woodyatt, CEO of Object Trading. "By providing Kyte with a single way of both managing risk and accessing the numerous exchanges where they transact, they have the flexibility to improve performance while keeping costs low."