To compete in today’s increasingly competitive market landscape, exchanges and electronic marketplaces seek to offer clients a wider range of services. Whilst marketplaces work to protect and expand liquidity by providing clients with new and innovative solutions, however, they are also under pressure to control costs.
MarketPrizm is a unique solution for exchanges and other marketplaces looking to provide algo trading services. For an exchange, MTF or marketplace which hosts a MarketPrizm deployment, the technology and delivery model solves a number of challenges and offers distinct benefits:
- Offer more services to colocation clients, at lower cost – for your clients
colocated at the exchange for proximity, the MarketPrizm service provides a convenient, cost-effective way to offer away market data, order book aggregation and order routing.
- Conserve physical space at colocation data centres – as a single MarketPrizm deployment serves multiple clients, it enables you to offer more clients proximity and algo trading services within your existing data centre.
- Reduce the cost and overhead of providing algo services – Chi-Tech manages the software, hardware, data feeds and connectivity.