Fixnetix Offers Co-location to BME (Bolsas y Mercados Españoles)

Fixnetix, ultra-low latency provider for all asset class trading and data, announced today its ability to provide co-location to BME through Visual Trader Systems, the exchanges subsidiary technology company. Leading investment banks, such as Deutsche Bank, will now be able to offer their ultra-low latency trading technologies to BME whilst continuing their path for providing best performance solutions to all trading customers. Hedge Fund and Proprietary Trading customers are now able to seek liquidity in the Spanish markets on the Fixnetix trading network.

José Parga, CEO of Visual Trader Systems said, “BME Proximity Service is offering member and non member firms (through VT Sponsored Access) the fastest DMA connection to the BME markets. We will see an increasing demand from HFT´s in the next months."

“This new connection to the Spanish markets offers our customers the opportunity to trade Spanish equities across all the major venues,” says Hugh Hughes, Chief Executive, Fixnetix. “We are looking forward to continuing our global expansion plans throughout the world in 2011.”