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AlgoSpan launches Borsa Italiana IDEM connectivity and
London, United Kingdom – 31 July 2012: AlgoSpan Ltd has today announced that Borsa Italiana has accredited its low latency market access services for connectivity to the Italian Derivatives Exchange Market (IDEM).
Algorithmic trading firms can now benefit from super-fast execution and market data services for the Milan-based derivatives exchange IDEM. This is the latest in the company’s expansion in futures and derivatives markets, as well as other asset classes.
Robert Bicket, CEO of AlgoSpan, said: “The cost and complexity of physical connections to markets can inhibit international trading. AlgoSpan’s market access infrastructure can help members to focus on their Italian trading business, while helping to decrease their connectivity costs.”
IDEM is the leading Italian equity derivatives market, it provides members with access to Futures, miniFutures and options on FTSE MIB index, futures on FTSE MIB Dividend index, stock options and stock futures on Italian shares, stock futures on main European shares, as well as IDEX, the new energy derivatives segment currently listing Italian power futures.
Kerry Jago, Marketing Manager
T: +44 (0)845 313 8910
AlgoSpan provides end-to-end trading infrastructure and real-time market data services to financial services firms operating low latency / high frequency trading strategies – proven to bring direct improvements to bottom-line trading performance. AlgoSpan’s trading infrastructure (branded AlgoNet) underpins all customer solutions, including delivery of its multicast normalised and raw exchange data (branded AlgoData). For more information visit www.algospan.com