BSO enhances Market Data Connect for DGCX to Interxion London
20 September 2017 | Jason McGee-Abe
BSO has launched a new service that enables direct trading and market data access between the Dubai Gold and Commodities Exchange (DGCX) and Interxion London.
The global Ethernet network, cloud and hosting provider’s service means electronic traders will have access to arbitrage opportunities between the key London and Dubai markets.
Last November, BSO enhanced the connectivity of its global network in/out of Dubai, significantly lowering latencies to speed up trading activity. The ultra-low latencies were welcome news for high frequency traders and electronic trading firms which took advantage of greater speeds.
“With electronic trading aligning the global markets closer, it is important for our global customers and prospects to have the right connectivity solutions and access to real-time price information,” said Gaurang Desai, CEO of DGCX.
“Through BSO’s low-latency and highly resilient connectivity service; global traders and market participants can not only access DGCX market effectively from Interxion’s London data centre but also immensely benefit from a transparent and secure trading infrastructure to carry out their transactions. This enhanced offering will also enable participants to take advantage of the arbitrage opportunities between Dubai and London markets and therefore, it’s definitely a great value-add for members and customers of DGCX."
Fraser Bell, chief revenue officer of BSO, added: “As market-makers continue to seek access to the emerging regions, our service upgrade means traders based in London can easily trade between the city and the high-growth market in Dubai. The improved offering also builds on our strategic partnership with DGCX - ensuring firms can efficiently execute their commodity trades. This continued drive to enhance our services cements our position as the leading provider of network expertise to the emerging markets.”