BSO enhances London to Tokyo route as FX traders demand lower latency

12 September 2017 | Jason Mcgee-Abe

Global network provider BSO has optimised the speed across its London to Tokyo route as currency traders escalate their demands for faster trading.

tokyo-340 x 226.jpgBSO upgraded the London-Tokyo part of BSO’s established FX triangle, to provide traders with the “lowest latency on the market”. Tokyo witnessed FX turnover of $399 billion last year, according to the Bank of International Settlements (BIS). The revamped route means even lower latency, which empowers BSO’s growing FX client base to increase the volume of trades they can execute through the network.

“In the fast-paced world of FX, time is literally money. This is why having the lowest possible latency across our leading London-Tokyo route is a must for the international trading community,” said Fraser Bell, chief revenue officer at BSO. 

“Every millisecond counts, and with MiFID II just around the corner, the voice to computer-based trading shift is gathering increasing momentum.”

BSO’s commitment to consistently enhance its circuit ensures clients can quickly adjust to the continuing electronification of FX markets less than five months out from MiFID II.

Bell added: “We are always pushing the limits of our network to keep pace with the changes to market infrastructure, which is why we provide ultra low-latency connectivity on one of the busiest FX circuits in the world.”

The London-Tokyo upgrade reconfirms BSO’s position as the leading FX connectivity provider across established and emerging markets, including Hong Kong and Singapore.

In July, BSO announced a new direct connectivity link from the Taipei Internet Exchange (TPIX) to venues in Hong Kong, Singapore and Tokyo and, back in November, BSO also enhanced the connectivity of its global network in/out of Dubai, significantly lowering latencies to speed up trading activity.

Topics: BSO, London, Europe, Tokyo, Asia, FX, trading, latency, MiFID II