BT Radianz, a provider of financial services connectivity, has launched Radianz Ultra Access.
Radianz Ultra Access will allow transaction speeds of approximately one millisecond between local market participants and leading market data / execution venues that will include Boston Options Exchange, BATS ECN, International Securities Exchange, The NASDAQ Stock Market, New York Stock Exchange and NYSE Arca, amongst others.
BT Radianz says it developed Radianz Ultra Access with the intention of providing highly resilient, extremely low latency network connections in response to the growing use of algorithmic and black box trading strategies, including direct market access (DMA) by broker-dealers, asset managers, prime brokers and hedge funds.
“The need for both the buy and sell side to have minimum latency connectivity has never been more acute,” says Kevin Covington, Executive Vice President of Business and Product Development, BT Radianz. “Radianz Ultra Access meets that need by providing a best-of-breed technology that gives unrivalled speed and reliability to a market that judges its success in the ability to connect and execute trading strategies in milliseconds.”
“Speed is a competitive differentiator for market participants using advanced trading strategies, including algorithms, automated electronic trading systems, and other trading applications and strategies,” adds Tom Price, Senior Analyst, Securities and Capital Markets, TowerGroup. “The ability to consume massive amounts of data, translate it into actionable opportunity, and get orders to the appropriate execution venue ahead of the competition is key to success.”