Fortex Announces a New ECN Matching Engine in the LD5 Data Center and Continues its Global Growth Strategy and Market Expansion
Redwood Shores, California, March 5, 2018
Fortex, a leading global provider of institutional FX trading solutions, is launching a local ECN matching engine in London. The deployment of this infrastructure in the LD5 data center brings the power and market depth of the Fortex platform directly to local market participants.
Designed for banks, brokers, active traders, and institutional investors, Fortex’s LD5 matching engine improves high volume trading and access to unique, tailored liquidity. It features sub-millisecond local order routing, giving clients superior end-to-end performance while lowering overall transaction costs.
To speed local—and worldwide—trading, Fortex’s LD5 matching engine has a direct connection by dedicated high-speed fiber lines to Fortex’s existing infrastructure in financial hubs around the world. Developed in house, the infrastructure uses the latest technological advances and requires no additional technology deployments from its clients to access.
“This platform enables us to better deliver Fortex’s entire product suite to the EMEA market, including liquidity aggregation, matching and white label solutions within the London datacenter. Having this presence in the biggest hub of FX trading globally enables us to grow our market and better serve our clients across the region,” explains Jason Young, Executive VP and Head of Deliverable FX at Fortex.
The Fortex LD5 platform features:
- A state-of the-art facility
- High-performance, low-latency trading at sub-millisecond speed
- Improved execution quality
- Lowered transaction costs
- Direct access to cross-connected top-tier and specialist Liquidity Providers
- Client-to-client order matching (CLOB)
- Relationship-based and undisclosed trading
- Superior customer service with 24/6 support
For more information on Fortex’s FX solutions, including liquidity aggregation, White Label for brokers, full eFX suite for regional banks, ECN matching engine with central limit order book, and more, please contact Jason.Young@fortex.com.
Fortex is the world’s leading ECN platform, with up to $12 billion of daily volume in currency, metals, energy, and CFD trades and 500,000 tickets a day for tens of thousands of traders around the world. The company’s powerful Fortex 6 platform, sophisticated cloud infrastructure, and middleware solutions have revolutionized currency, commodity, and equity trading. Today, traders, broker dealers, market makers, money managers, banks, hedge funds, and investors around the world rely on Fortex to facilitate trade execution and support sophisticated trading strategies. Some of the world’s most successful currency trading firms have built their FX businesses on the Fortex platform. Fortex is headquartered in Redwood Shores, California with offices in New York, Mexico City, Hong Kong, and Shanghai. The company has been in business for more than 20 years and is privately held.
More information about Fortex can be found at https://www.fortex.com.