Marex chooses MarketPrizm for DMA solution

MarketPrizm, a leading provider of market data and trading infrastructure services, announced it will provide Marex Spectron, a broker of physical and financial products in the commodities sector, with a Direct Market Access infrastructure solution to support client on-boarding for Marex Spectron’s Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Traded Derivatives business.

The DMA solution will initially cover The London Metal Exchange, CME Group and Intercontinental Exchange with further expansion in Europe and Asia planned for later this year.

MarketPrizm’s Broker DMA solution is designed to provide an easy and flexible way for clients to connect, collocate and trade in multiple markets. MarketPrizm provides a complete trading infrastructure, 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, market data and order routing services as a service including pre-trade risk analysis via ULLink.

Following implementation, Marex Spectron will be able to offer an enhanced service to customers in Asia and the Middle East who want to trade European and US commodities. Marex Specton is one of the first commodities brokers to provide this complete service to clients in a low latency environment across key markets.

Today’s announcement confirms the extension of asset classes covered by MarketPrizm to include the commodities market. This follows MarketPrizm’s expansion into Asia with services in Japan, Australia and Singapore.

Tanuja Randery, Chief Executive Officer, MarketPrizm, said: “We have been able to utilise our experience of building effective and flexible equity market infrastructures and apply this knowledge to the commodities sector. The technology that has been used to cut the time taken to execute a trade can now be used to deliver a low latency solution to Marex Spectron.”