Connect to DGCX from Interxion London through BSO Market Data Connect
The new service provides electronic traders with arbitrage opportunities between DGCX and London
LONDON/DUBAI – September 19, 2017 – BSO Network Solutions, the global ethernet network, cloud and hosting provider, today announced that it has enhanced its Market Data Connect service to enable direct trading and market data access between the Dubai Gold and Commodities Exchange (DGCX) and Interxion London.
The service will deliver trading firms with DGCX’s market data without the need to have a presence at the Exchange as well as provide access to arbitrage opportunities between the London and Dubai markets.
Gaurang Desai, CEO of DGCX, commented: “With electronic trading bringing the global markets closer, it is important for our global customers and prospects to have the right connectivity solutions and access to real-time price information. Through BSO’s low-latency and highly resilient connectivity service; global traders and market participants can not only access DGCX market effectively from Interxion’s London Data Centre but also immensely benefit from a transparent and secure trading infrastructure to carry out their transactions. This enhanced offering will also enable participants to take advantage of the arbitrage opportunities between Dubai and London markets and therefore, it’s definitely a great value-add for members and customers of DGCX.”
Bill Fenick, Strategy Director, Financial Services at Interxion went on to say: “This new connection to DGCX provides our customers with improved access to an important commodities market and continues to solidify Interxion London as the global commodities hub”.
Fraser Bell, Chief Revenue Officer (CRO) of BSO concluded: “As market-makers continue to seek access to the emerging regions, our service upgrade means traders based in London can easily trade between the city and the high-growth market in Dubai. The improved offering also builds on our strategic partnership with DGCX – ensuring firms can efficiently execute their commodity trades. This continued drive to enhance our services cements our position as the leading provider of network expertise to the emerging markets.”
ENDS
About BSO BSO is the Ethernet network, cloud and hosting provider of choice for global businesses wanting superior technology infrastructure and connectivity to the world’s most dynamic marketplaces. The company pioneers technology across emerging and established markets, designing solutions that offer the highest availability and lowest latency in the industry. Headquartered in London, BSO’s global network reaches every continent and spans 20 countries with 91 data centre locations. BSO is redefining connectivity through best-in-class services, global knowledge base and a unique approach to the customer experience. The company continually strives to innovate and invest in its own services to ensure its solutions evolve in parallel with the finance community. For more information, please visit www.bsonetwork.com. Follow BSO on Twitter and LinkedIn.
About Interxion Interxion (NYSE: INXN) is a leading provider of carrier and cloud-neutral data centre services in Europe, serving a wide range of customers through 45 data centres in 12 European countries. Interxion’s uniformly designed, energy efficient data centres offer customers extensive security and uptime for their mission-critical applications. With over 600 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms across its footprint, Interxion has created connectivity, cloud, content and finance hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com
For further information, please contact:
Tim Focas/Megan Rothery at Aspectus (PR agency) +44 20 7242 8867 bso@aspectuspr.com
About DGCX: Established in 2005, DGCX is the region’s leading derivatives exchange and the only one allowing global participants to trade, clear and settle transactions within the Gulf region. The Exchange has played a pioneering role in developing the regional market for derivatives and financial infrastructure. DGCX is an electronic commodity and currency derivatives exchange with over 200 members from across the globe, offering futures and options contracts covering the precious metals, energy, equities and currency sectors. DGCX is a subsidiary of DMCC (Dubai Multi Commodities Centre), a Dubai Government Authority for trade, enterprise and commodities. For more information: www.dgcx.ae
DGCX also owns and operates the region’s largest and only multi-asset Clearing House – Dubai Commodities Clearing Corporation (DCCC). DCCC is federally regulated by the Securities & Commodities Authority (SCA) and is recognized as a Third-Country CCP by European Securities Markets Authority (ESMA) with over 90 clearers from across the globe. For more information: www.dccc.co.ae
Further Information:
Meng Chan Shu
Director of Business Development and Sales
Dubai Gold and Commodities Exchange
Tel: +971 4 361 1660
Email: meng.shu@dgcx.ae
or
Dhanya Issac/Lara Batato
Weber Shandwick PRs
Tel: +971 4 445 4222
Email: lbatato@webershandwick.com or lbatato@webershandwick.com