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BSO Network Solutions, the global ethernet network, cloud and hosting provider, today announced that it has enhanced its Market Data Connect service to enable direct trading and market data access between the Dubai Gold and Commodities Exchange (DGCX) and Interxion London.
The service will deliver trading firms with DGCX’s market data without the need to have a presence at the Exchange as well as provide access to arbitrage opportunities between the London and Dubai markets.
Gaurang Desai, CEO of DGCX, commented: “With electronic trading bringing the global markets closer, it is important for our global customers and prospects to have the right connectivity solutions and access to real-time price information. Through BSO’s low-latency and highly resilient connectivity service; global traders and market participants can not only access DGCX market effectively from Interxion’s London Data Centre but also immensely benefit from a transparent and secure trading infrastructure to carry out their transactions. This enhanced offering will also enable participants to take advantage of the arbitrage opportunities between Dubai and London markets and therefore, it’s definitely a great value-add for members and customers of DGCX.”
Bill Fenick, Strategy Director, Financial Services at Interxion went on to say: “This new connection to DGCX provides our customers with improved access to an important commodities market and continues to solidify Interxion London as the global commodities hub”.
Fraser Bell, Chief Revenue Officer (CRO) of BSO concluded: “As market-makers continue to seek access to the emerging regions, our service upgrade means traders based in London can easily trade between the city and the high-growth market in Dubai. The improved offering also builds on our strategic partnership with DGCX - ensuring firms can efficiently execute their commodity trades. This continued drive to enhance our services cements our position as the leading provider of network expertise to the emerging markets.”
