BATS–Direct Edge to Equalize NY4, NY5 Latency, Post-2015 Equinix Move

In January 2015, BATS will migrate the matching engines for Direct Edge’s EDGA and EDGX platforms currently located in Equinix’s NY4 datacenter in Secaucus onto BATS technology hosted in Equinix NY5—also located in Secaucus, as part of the same datacenter campus as NY4 and Equinix’s NY2 datacenter. Then in the second quarter of next year, BATS will move its BZX, BYX and BATS Options markets from rival datacenter provider CenturyLink Technology Solutions’ (formerly Savvis) Weehawken datacenter to

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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