The firm is the first from Asia to connect to European liquidity through the derivatives exchange.
London-based global derivatives exchange NYSE Liffe has announced that Hong Kong-based futures commission merchant (FCM) GF Futures will co-locate at NYSE Euronext's European datacenter, Liffe's first Asian customer to make the move.
"Co-locating servers [there] allows us to expand our business further into European markets. Through our co-location offering and acting as their broker, we have already brought access to our first high-frequency trading customer, a major player in the Asian markets, who will be trading the European interest rate Euribor contract and European equity index futures," says Xiao Cheng, general manager of GF Futures.
The move comes after NYSE Liffe opened a Hong Kong office last December to generate new business and strengthen existing alliances there and in mainland China.
More from Sell Side Technology
Updating your subscription status
CALL-FOR-ENTRY NOW OPEN
Call-for-entry is now open for the 2nd annual Sell-Side Technology Awards 2014, which take place in New York on April 15. For more details of the criteria across the 24 award categories that recognize the leading technologies and third-party vendors in their area of expertise click here.
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....
We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for...