As we advance nearer to January of 2018, the topic of MIFID II compliance has become very prevalent in my meetings with trading firm executives. Specifically, the RTS 25 (time stamping requirements) is a frequent point of discussion. Although it has recently been defined as a technical standard, precise time stamping is not a new requirement.
CHICAGO – Oct. 10, 2017 – NetXpress, LLC has announced the expansion of its strategic relationship with Nasdaq.
As a part of this expansion effort, NetXpress now offers colocation at the Nasdaq Carteret datacenter in New Jersey. This datacenter location serves as an extension to the NetXpress global backbone, and provides NetXpress trading clients low latency network provisioning for the Nasdaq markets. In addition to this new point of presence (PoP), NetXpress onboarded eSpeed connectivity services.
There are several elements in building a financial trading network that are heavily debated within the financial community. Should a trading participant build out a dedicated trading environment and “go direct” with the data centers, exchanges, hardware and telco procurement and the respective in-house personnel supporting the environment on a 24x7 basis? Or should the firm consider outsourcing some or all of these functions to a Managed Service Provider (MSP)?
Chicago, London – May 24th, 2017 – NetXpress, a specialist managed services provider for market data, has selected BSO’s global low-latency connectivity network to deliver U.S clients seamless access to emerging markets.
CHICAGO – April 11, 2017 – NetXpress announced today it has officially become an extranet provider of the Nasdaq Nordic Markets.
This strategic advancement provides NetXpress with the capability to provide direct exchange connectivity to the Nasdaq Nordic Markets for financial clients who require it. NetXpress continues to expand its global network through the provisioning of Nasdaq connectivity and colocation services in London, Slough, as well as, the global NetXpress network.