NeoNet announced Monday it will use BT Radianz’ Proximity Solutions to broaden its direct market access capabilities.
As part of the new agreement, NeoNet will position modules of the trading platform in BT Radianz’s London and New York data centers to offer users low-latency DMA to major execution venues.
“Our client base of leading investment banks and institutions requires super-fast order routing and market data globally,” says NeoNet CEO Simon Nathanson. “NeoNet’s direct market access services are based on our high-performance trading platform, and the Radianz Proximity Solution matches our need for low-latency infrastructure to our 20 connected exchanges.”