Light travels at 5.43μs (Microseconds) per mile in a vacuum. Light speed on the Exponential-e network achieves 7.63μs. This translates to 10.4ms London to Frankfurt which is currently the fastest route available from any global service provider...
Liquidity fragmentation
Liquidity fragmentation is now widely regarded as common place. Deregulation has delivered multiple dark pools and trading venues whilst the constant search for 'alpha' in electronic trading has determined the need to trade and execute efficiently across borders, asset classes and venue types. With up to 60% of all trades filled automatically, latency is key, but in the trading space where the speed of light is the governing factor, milliseconds are mere commodity and microseconds will deliver you the competitive edge.
We have addressed the need for a globalised network optimised for electronic trading with a 'new-edge' approach and a network designed specifically for competitive financial market participants.
Our network expansion into the main capital markets around the World has been built from a legacy-free perspective, ensuring that the new footprint is optimised by using advanced optics and the fastest possible network routes between venues. This ensures the lowest latencies and round trip times between key locations including New York, Chicago, London and Frankfurt. These routes are unique to us and compliant with inherent multi-cast support in the core.
Proximity hosted black box trading engines ensure multi-cast messages are transported between hosted algorithmic machines as fast and efficiently as possible in the constant need to share fragmented pricing information.