By Andrei Skvarsky.
Renaissance Capital has obtained much faster access to the Micex-RTS stock exchange this month by launching a software module developed by electronic trading solutions provider GATElab.
By using GATE’s high frequency software trading module, a RenCap client would take a maximum of 130 microseconds to gain one way nic-to-nic access to Micex-RTS, including pre-trade risk checks, the Moscow-based investment bank and the London-headquartered technology company said in a joint statement.
Customers can easily code to FIX for low latency DMA access and can be hosted either at MICEX M1 Official Colocation, Renaissance Capital Proximity Services or their own data centre,” they said.
The statement quoted Damian Bunce, chief executive of RenCap’s electronic trading group as saying partnership with GATElab enabled the Russian firm to offer its clients the lowest latency between LSE Colocation and Moscow M1 MICEX-RTS Colocation line available today�.
Sorry, comments are closed for this post.