15 Jun 2017

FX-ULTRA LOW: YOUR IN-ROAD TO GLOBAL FX MARKETS

Trade on the low latency FX trading network engineered for traders

The Forex, or FX, market has an average daily trading volume exceeding $5 trillion, making it the largest and most liquid market in the world.

The FX market represents enormous opportunity for traders as it’s a largely decentralised global market, open 24 hours and essentially unregulated.

With great opportunity, comes great competition. The Forex market is one of the most competitive markets in the world, making it essential for traders to do all they can to secure their competitive edge.

Extending Forex trading beyond the traditional New York – London – Tokyo triangle to extend into high-growth, emerging markets is one way traders can increase profits

Although global volatility has been relatively low recently, emerging regions have witnessed a boom in OTC FX derivatives trading – with turnover rising more than 40% since 2010 according to the Bank of International Settlement (BIS).

Singapore and Hong Kong have seen particularly strong trading activity in FX interest rates, with both regions accounting for half of the growth in OTC trading across emerging markets, which totals 33%.

Trading in Asia is often complex. It requires a network which is fully diverse and highly available as well as a support team who are familiar with the local environment and have unrivalled knowledge of the diverse cable systems available.

BSO has recently expanded its FX-Ultra Low trading circuit to include high-growth trading venues Hong Kong and Singapore as demand for fast and reliable access to trade currency derivatives in emerging markets intensifies.

As Chief Operations Officer Emmanuel Pellé told FX-MM magazine,

“With a growing appetite to trade emerging market currencies internationally, traders will need a reliable low-latency network to seamlessly reach new destinations. The inclusion of Singapore and Hong Kong provides derivative hungry market makers with unrivalled access to one of the most popular FX circuits in the world.”

The new routes, available from this month, establish BSO as the leading provider of FX low-latency connectivity to heads of trading and market infrastructure chiefs for banks, derivatives brokers and electronic market makers.

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ABOUT BSO

The company was founded in 2004 and serves the world’s largest financial institutions. BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others. BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served.

The company’s network comprises 240+ PoPs across 33 markets, 50+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location.

BSO is headquartered in Ireland, and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore. Access our website and find out more information: www.bso.co