CMA Launch Proximity LatAm Exchange Market Data in New York City Data Center

CMA has opened the doors of its global market data network to locally collocated New York based clients. Banks, brokers, investment managers and vendors alike, can now access the LatAm Exchanges’ market data at ultra-low latency speeds.
By: Dan Watkins
 
Aug. 26, 2010 - PRLog -- CMA, leading provider of market data and trading solutions within the Latin American market place, has opened the doors of its global market data network to locally collocated New York based clients. Banks, brokers, investment managers and vendors alike, can
now access the LatAm Exchanges’ market data at ultra-low latency speeds.

Brazilian stock and stock options continue their rise on the Bovespa Indexes along side of continued cleared volume growth attributed by DMA (Direct Market Access) of futures and commodities assets traded on the BM&F Bovespa Exchange. As market entrants stake new positions in this market, Mexico, Chile and Colombia investment strategies are now leaning toward the Northern sell-side brokers’ technology to make better and more informed decisions.

Access to local market data by firms from abroad are now also taking a lower latency approach to become more competitive in for their clients. Many firms are building infrastructure in market to gain faster data solutions, while the more common scenario has been to reach the local LatAm markets via IPL (International Private Lines) or local server deployment in datacenters well connected with or collocated at the venues in which provide that data.

“CMA has been providing the markets of Latin American investors with Brazilian, European and North American market data for nearly three decades, states Mr. Ricardo Bussolan Juan, Head of Communication Technology for CMA in Brazil. Our top clients have sought to enrich their market data technology by collocating next to our systems which connect directly to the exchange and so by being within proximity to CMA systems, local executing brokers can now make decisions and trade more efficient and effectively due to the collection of real time updates at wire speeds” Mr. Juan adds.

Today’s announcement of CMA proximity services in New York are geared towards assisting any and all interested in Latin American market data a cost savings, choice of technology, flexibility and speed to market.

About CMA

Consulting, Methods, Advisory and Mercantil known as CMA, is a Sao Paulo, Brazil headquartered global financial services company. Since 1973 CMA has been developing high-tech solutions for capital markets all over the world and is the leading technology used for capital markets exchange trading in Brazil.

CMA runs 3 core business units which serve over 70 market leading broker dealers and over 17,000 workstations globally from 14 offices around the world with centralized offices in Sao Paulo, Madrid and New York.
End
Source:Dan Watkins
Email:***@cma.net
Zip:10006
Location:New York City - New York - United States
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