BCS Prime Brokerage forges London-Russia connection
19 August 2013 Moscow
Image: Shutterstock
BCS Prime Brokerage has launched what it calls the fastest ultra low latency data line yet, between London and the Moscow Exchange.
The development allows BCS Prime clients the opportunity to trade equities, derivatives, FX and other financial products between the two financial centres in the most time and cost efficient manner.
It is the first ultra-low latency data line with a sub-39 millisecond connection between Moscow's M1 data-centre and the InterXion in London, ensuring the best available line between the two financial centres.
According to a report by advisory firm TABB, every millisecond of latency can result in up to $100 million per annum in lost revenue.
BCS believes this lower latency will now result in higher trading profits for its clients.
Michael Barmettler, the managing director at BCS Financial Group, said: "The implementation of this new ultra-low latency connectivity service between London and Moscow establishes once again that BCS is leading the industry by offering our clients the best possible platform to maximise their Russia trading strategies and profits. This ongoing dedication to the latest technology is why BCS Prime is the first choice when it comes to trading Russian markets successfully."
In June 2013, BCS was granted UK regulatory authorisation by the Financial Conduct Authority (FCA) to deal and advise on investments and hold client assets, officially marking the launch of its international brokerage business.
The development allows BCS Prime clients the opportunity to trade equities, derivatives, FX and other financial products between the two financial centres in the most time and cost efficient manner.
It is the first ultra-low latency data line with a sub-39 millisecond connection between Moscow's M1 data-centre and the InterXion in London, ensuring the best available line between the two financial centres.
According to a report by advisory firm TABB, every millisecond of latency can result in up to $100 million per annum in lost revenue.
BCS believes this lower latency will now result in higher trading profits for its clients.
Michael Barmettler, the managing director at BCS Financial Group, said: "The implementation of this new ultra-low latency connectivity service between London and Moscow establishes once again that BCS is leading the industry by offering our clients the best possible platform to maximise their Russia trading strategies and profits. This ongoing dedication to the latest technology is why BCS Prime is the first choice when it comes to trading Russian markets successfully."
In June 2013, BCS was granted UK regulatory authorisation by the Financial Conduct Authority (FCA) to deal and advise on investments and hold client assets, officially marking the launch of its international brokerage business.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
