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Fixnetix signs major global hosting contract with Credit Suisse

publication date: Nov 17, 2008
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Leading provider of ultra-low latency market data and trading connectivity services, Fixnetix, has secured a major global hosting contract with Credit Suisse to deliver hosting support for its Advanced Execution Services (AESTM) business.

    

Under the agreement, Credit Suisse will use Fixnetix's powerful Hedge Fund Hosting solution to provide the bank's high frequency, latency-sensitive trading customers with immediate access to the fastest exchange connections in order to dramatically reduce trading roundtrip times. In addition Fixnetix will provide the bank's clients with ultra-fast, non-conflated market data and the ability to gain access to any new market on demand.

Commenting on the deal, Hugh Hughes (PICTURED), Fixnetix's Chief Executive Officer said: "We're delighted that one of theworld's leading banks has entrusted Fixnetix with hosting their clients' high frequency trading."