Aug. 1, 2012
-- Chicago, New York - EOTPRO, a leading provider of trading technology for the financial industry, is releasing a new hosting solution / colocation service for ultra fast connectivity to the CME Globex markets. These hosted servers are located inside the new CME Aurora (DC3) data center in Illinois and inside Equinix, Chicago (IBX). This service assists traders in gaining an even further edge in execution speed and a lower latency connection to market data over their competitors. CME DC3 is the newest of the CME Group Data Centers providing microsecond access to all CME markets.
EOTPRO hosting is also available with direct access to Rithmic’s R | Trade Execution Platform™ firms and traders that are seeking a full low latency algorithmic trading solution.
Colocation services for traders has been growing in popularity and proximity to the CME matching engine is critically important. The vast majority of volume occurs from servers within the exchange and brokerage firms that people trade through are also operating their servers at or near the exchange. With services in the new CME Aurora (DC3) and Equinix Chicago (IBX) colocation facility, connections to the CME Globex platform can be as fast as 220 microseconds (0.22 milliseconds)
when trading Globex. Traders with the fastest connectivity have a speed advantage. It is not just speed that is important but the server’s physical location and the closer they are to the exchange’s server the faster they get critical market information.
Bill Dennis, owner and lead trader at EOTPRO Advanced Trading Technologies and principal at MachineReadableNews.com states that: "Our job is to provide our customers with the most up to date solutions for the challenges that they and the markets are currently facing. This service has been introduced to do just that and our customers will remain one step ahead of their competitors. Colocation at Aurora DC3 with direct access to R | Trader™ Execution Platform allows traders to design and implement arbitraging and order flow strategies, which was not previously available due to high latency connections at other data centers."
EOTPRO is offering individual traders and firms a flexible and reasonably priced solution to today's high cost of co-location and market connectivity. Servers are available as stand alone hardware at Equinix or in a virtualized environment in Aurora. Virtual servers at Aurora start from $299/mth and dedicated servers at Equinix start from $199/mth.
For more details contact Candice White, media relations at firstname.lastname@example.org, 312-985-7773 or Bill Dennis, Lead Trader and Sales at email@example.com, 604-467-2243
Website address: http://www.eotpro.com