RSJ Invest Taps BT Radianz Proximity
RSJ's trading engines are hosted at the BT Radianz datacenter in London, giving RSJ critical access and minimum latency to London's financial markets, add officials.
Since the system was implemented over a month ago, the latency between its gateway and servers in the region has significantly been reduced, from between 150 and 200 milliseconds to 1 millisecond, says Karel Janeèek, member of the board of directors of RSJ.
"We have our machines in a BT Radianz rack so we can control them from Prague," says Janeèek. "Our traders are in the center of Prague and they're trading through the black boxes here in London. The connection
is down to two 2-Mbps lines, so we have our lines from Prague direct to the datacenter."Before migrating to BT Radianz, RSJ was using an Internet connection to reach the markets. The brokerage firm had gateways to the exchanges in London and the machines were in Prague sending orders, says Janeèek. RSJ had "a lot of connection problems" in the past, while now the trading is "much safer," he adds.
Fast access to London's exchanges is critical to RSJ as the firm looks to expand its presence on the international stage, says Janeèek. "By utilizing
this solution, we are able to focus on the development of trading models and algorithms rather than on global connectivity, hosting and co-location issues," he adds.In the next two weeks, RSJ will start utilizing the same high-speed trading connection to the Chicago Board of Trade (CBOT), says Janeèek. "And in two or three months we plan to launch it at the Chicago Mercantile Exchange (CME)," he adds.
BT Radianz introduced its Proximity service in the Asian markets in the second half of 2006. In June, NeoNet, a Swedish agency brokerage that offers direct market access (DMA) to equity exchanges, announced it would use the service to provide clients new DMA links to North American and European execution venues (DWT, June 5, 2006).
Cecilia Bergamaschi
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