FMC360, the supplier of electronic trading technology, has launched a low-latency global financial cloud hosting service for futures and equity traders, sell-side software vendors and exchanges connecting the world's major financial hubs.
“The FCM360 financial cloud is based on having super (points of presence) and hosting facilities in sought-after locations such as NY4 New York, LD4 London, FR2 Frankfurt and hosting facilities in Hong Kong and Tokyo," says Jubin Pejman, Managing Director of FCM360.
The network provides connections of 32.5 milliseconds between New York and London and 4.29 milliseconds between London and Frankfurt – the fastest speeds, FCM360 says, available between these routes. “With these speeds, trading houses that replace existing and more expensive infrastructure with our financial cloud are assured that the networking and processing latency will meet or exceed their existing deployment," notes Pejman.Market makers, hedge funds, low-latency trading platforms, funds with less than $100 million under management, liquidity aggregators and proprietary traders use FCM360 for trading infrastructure. FCM360 also provides connectivity to more than 50 exchanges, Electronic Communications Networks (ECNS) and brokers worldwide. "We deliver a single point of contact to manage every facet of trading infrastructure," says Pejman.
This article first appeared on the Securities Technology Monitor web site.