BT Preps Low-Latency 'Ultra' Europe
The service will be similar to the vendor's Radianz Ultra Access service, a dedicated extranet that BT launched last year to provide ultra-low-latency access to exchanges and alternative trading venues in the New York tri-state area (IMD, March 19, 2007).
The move follows a deal unveiled last week to host the trading engine and data distribution systems of bank consortium-backed European multilateral trading facility (MTF) Turquoise, in addition to other pan-European, MiFID-inspired trading
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