Icap Debuts Low-Latency Connectivity

The new service, which should be rolled out by the end of the year by Icap and datacenter provider Equinix, provides a 1Gbps fiber connection to Icap's fixed-income matching engine BrokerTec and a 100Mbps metro Ethernet connection to its EBS FX trading platform, says Jason Conn, a product manager with Icap. "It cross-connects from a customer's cabinet to an Icap cabinet at customer discretion," he says.

Clients wishing to use the service will need to house their equipment within either of Equinix

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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