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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.
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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.
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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."
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