Euronext announced today that it will make two new high capacity trading services available to its market participants in 2007. The new services have been designed to offer the fastest possible unified access to Euronext cash and derivatives markets, and will complement the existing access solutions.
These offers are a result of evolutions in trading patterns, such as the growth in algorithmic trading and the popularity of on-screen options markets, for which low latency is key, coupled to the increasing transaction capability of the NSC© and LIFFE CONNECT© trading engines as a result of recent upgrades.
- From the third quarter of 2007, Euronext will begin to offer market participants broadband access to both Euronext cash and derivatives markets via a high bandwidth line (100 Mbps), thus leading to a more efficient and unrestricted processing of order flows and market data.
- Euronext will also provide a co-location service that, from the fourth quarter of 2007, will enable market participants to locate their servers near the trading engines in the Euronext data centres, and thus significantly reducing the transit time to the Euronext central order books.
These two new offers are consistent with Euronext’s commitment to meet its customers’ need for speed, flexibility, capacity and reliability, particularly regarding the services offered by Euronext for MiFID.
