New co-location service will bridge the gap between institutional finance and crypto markets.
BEQUANT, cryptocurrency exchange and prime brokerage, has today announced the launch of BEQUANT DIRECT, its new Advanced Connectivity Service. This offers a low-latency co-located trading environment for institutional and professional traders.
BEQUANT’s co-location service will offer ultra-fast transfer of data, allowing for faster execution speeds and more efficient trading. As the cryptocurrency market grows increasingly stable, traders are looking for the fastest trading possible in order to remain competitive in the market.
This service will address the needs of BEQUANT’s professional clients, targeting sub-millisecond tick-to-trade latency for co-located clients. Using FIX 4.4-based order routing and market data connections, traders can action up to 1,000 transactions-per-second per-login. The result is an execution platform which can deal with the most demanding automated trading strategies.
Traders now have a narrower gap between traditional finance and the cryptocurrency environment through BEQUANT DIRECT, allowing for more diversified portfolios and increased access to trading opportunities.
By locating in the well-established Equinix LD4 data centre, BEQUANT DIRECT will be aligning itself with industry standards adopted by traditional Securities and Forex trading.
George Zarya, CEO of BEQUANT, says: “As the market is sensing some rebound and potential increase in volumes, many traders are facing very slow response times from their current trading platforms. As a business we’ve always strived for superior technology to enhance trading at a granular level. As cryptocurrency trading becomes increasingly competitive, latency is a growing priority for both investors and crypto-professionals in order to remain ahead in the market.
Equinix has always been a hub for trading companies and many of our clients are already present there, making it very easy to link via a simple cross-connect. This data centre is a hub for dark fibre lines connecting major financial hubs around the world – from the US to Asia. Being placed here allows us to capture arbitrage opportunities across all major crypto liquidity pools and continue to offer a high touch service to our clients.”
BEQUANT is a leading cryptocurrency exchange. The team behind the business has been in the blockchain space since 2012. Created by outstanding technical minds, experienced finance professionals and traders, BEQUANT is delivering a reliable, fast and powerful platform solution to the market. The platform’s core matching engine is among the best technological products in its class, offering traders a wide range of features such as real-time clearing and cutting-edge order matching algorithms. Other services include margin trading, crypto loans, OTC block trading, custodial services and co-location services.