The need for greater capacity and more efficiency of time to trade, otherwise known as latency, is becoming increasingly important for many FX market participants. Joe Morgan examines why growing numbers of globe-trotting FX trading firms are therefore checking in for co-location services, where specialist service providers’ host traders’ servers as close as possible to a trading platform’s matching engine.
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rank Reuter, director, global business development at BT Global Banking & Financial Markets in Frankfurt am Main, says FX market
participants are now setting up trading hubs in major global financial centres such as New York and London, connecting to vendors, banks and brokers which provide services covering the full FX trade