100 Eurex and Xetra participants, vendors and service providers already use the two Proximity data centers in Frankfurt, benefiting from the low latency and the high bandwidth of the Enhanced Broadcast Solution and Enhanced Transaction Solution interfaces. Another five customers are soon to be connected.
“This confirms Deutsche Brse Group’s irrefutable role as leading European exchange in this field and highlights its attractiveness for trading houses that pursue latency-sensitive algorithmic trading strategies,” says Matthias Kluber, executive vice president and head of networks and infrastructure at Deutsche Brse Systems. “Since the launch of the first Proximity data center in 2006, we have experienced continuous growth in demand for low-latency locations from our trading participants, despite the deepening economic crisis. For us, this is the result of constantly optimizing not only our own infrastructure but also the range of additional proximity and low latency trading services we offer.”
For example, Deutsche Brse Group has made it possible to transmit private newsfeeds unencrypted via the Enhanced Transaction Solution interface, thereby saving more time. This communication channel is safeguarded by way of additional technical features such as infrared surveillance systems and armoured conduit for cable ducts. Since August 2009, a new 10GBit/s backbone data line has also been in place between London and Frankfurt, setting new standards with its network latency of under five milliseconds.
New Proximity participants can initially test the new services with their algorithms and trading engines under the Proximity Tryout scheme which features 100 percent realistic conditions in terms of latency and data throughput. Teams and services from Customer Technical Support and ExServes will be available to help. In order to manage its permanent proximity installations securely and cost-effectively in the long term, Deutsche Brse Systems offers fast and reliable management links via its worldwide network.
The participants include international universal banks, renowned hedge funds and highly specialized algotraders. 21% of all Eurex and 18% of all Xetra members already use a Proximity data center.
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