NEW YORK–(Business Wire)–
Chi-Tech, the technology services unit of Chi-X Global Inc., today announced
that its pan-Europe trading venue connectivity network and managed
infrastructure service, MarketPrizm®, is now available to firms in North
America. Previously the service was available only to European-domiciled firms.
MarketPrizm is a comprehensive infrastructure delivered as a service, designed
to provide authorized trading venue members and broker-sponsored firms a
convenient, cost effective technology platform for accessing the European
marketplace. The service comprises high speed connectivity to the trading venues
in the UK and Europe from colocated data centers in the region, as well as
market data, hosting options, third party applications and full support.
Nicolas Levy, MarketPrizm Managing Director, said of the initiative, “In
response to requests from firms in the region, we are introducing MarketPrizm to
North America as an answer to the high cost and resource investment required for
trading infrastructure and connectivity in Europe.”
MarketPrizm is underpinned by PrizmNet™, the company`s proprietary, dedicated
bespoke 10Gbps network with links to the region`s exchanges and market centers.
The network and services are optimized for all types of electronic trading,
including high frequency, algorithmic and other latency-sensitive strategies.
As the technology services unit of Chi-X Global Inc., Chi-X Global Technology,
LLC (“Chi-Tech”) provides high performance trading technology and services for
exchanges and market participants. For exchanges, the company provides
comprehensive trading infrastructure solutions, using a scalable platform of
advanced marketplace technology and tools. For banks, funds and other market
participants, the company`s MarketPrizm business line offers a fully-managed
trading venue connectivity network and ecosystem comprised of multi-venue
connectivity, colocation and hosting, low latency market data, and leading
third-party applications. Chi-Tech`s focus is delivering solutions that help the
world`s marketplaces and their participants to lower costs, reduce risk and
maximize competitive advantage. For more information, visit www.chi-tech.com.
©2010, Chi-X Global Inc. All rights reserved. CHI-X is a registered trademark in
jurisdictions around the world.
Laura Perdue, +1-972-740-8652
Marketing & Communications
Copyright Business Wire 2010