Chi-X Preps Sponsored Hedge Fund Co-Lo
According to Chi-X chief operating officer Hirander Misra, one broker is in the process of preparing to test its systems over the "next couple of weeks," and the MTF aims to have its first customers trading via the service in November.
The service-which was given regulatory approval last week by UK regulator the Financial Services Authority-will offer hedge funds better access to low-latency data and trading connectivity, supported by new technologies that have already passed quality assurance
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