FXecosystem Invests in Even Faster Route between London and New York
London - 30 November 2015 - FXecosystem,the leading provider of outsourced connectivity services to the FX market, can now provide Tier 1 and Tier 2 banks with an even faster connection between London and New York.
As one of the first organisations to be upgraded onto Hibernia’s new Ultra 5 Express Circuit, FXecosystem can now offer clients a reduced RTD between London and New York of 63.36 milliseconds (previously 65.36 milliseconds). This drop in milliseconds in the roundtrip across the Atlantic will result in even lower latency and faster execution, enabling clients to maximise the number of trades processed per millisecond.
James Banister, CEO, FXecosystem comments, “Being one of the first companies to offer such ultra-quick connectivity between London and New York is a huge advantage for us in terms of providing improved latency performance to major banks and also attracting new clients. Our Tier 1 and Tier 2 banking clients have now been added to the Ultra 5 Express Circuit and are already seeing the benefits of the increased capacity and speed. We will be adding other clients over the next few weeks.
“FXecosystem continues to evolve in terms of investing in our infrastructure, especially between New York and London, and we are seeing our client base grow exponentially.”
FXecosystem, with its LD4 (London) and NY4 (New York) Meet-Me-Room™(MMR) ecoworld, provides a single point of entry to connect to FX market participants on a global scale. The company offers low latency network connectivity, co-location/proximity hosting and fully managed services, all backed up by 24x7 service and support.
FXecosystem recently launched FXeco-Eye, a unique real-time network performance monitoring and analytics tool to enable business units and network/trading system support teams to speed up the process of establishing the root cause of any network and trading issues. FXeco-Eye enables users to troubleshoot network, application and connectivity issues without creating disruptions to business critical flows. The company will be adding further products to its portfolio over the forthcoming months.
For further details, visit www.fxecosystem.com
Notes to Editors
FXecosystem is a bespoke network solution designed to ease the fragmentation of connectivity in the 24 hour FX market. Its Meet-Me-Rooms (MMR)s ™ provide centralised sources of FX connectivity to banks, buy-side and ECNs on a global scale. FXecosystem provides a single point of contact to deliver a fully outsourced solution with faster on boarding, low latency and less expensive connectivity.
FXecosystem’s portfolio also includes the innovative FXeco-Eye product which provides clients with a unique, graphical overview of their flows. This real-time network and flow operational monitoring and data visualization tool enables business units and network/trading system support teams to speed up the process of establishing the root cause of any network and trading issues. For more information, please visit www.fxecosystem.com
For media information, please contact:
Vanessa Green/Fiona Butler
Tel: 01483 563562/ 0771 333 233