BSO, the Ethernet network, cloud and hosting provider, has entered into an agreement with CME Group to offer market data, hosting and colocation services to CME Group customers.
The enhanced service capabilities, underpinned by BSOs worlds fastest trading routes which span from Chicago to Moscow, Dubai and Mumbai, mean CME Groups customers can experience the full benefits of BSOs dedicated managed services offering.
As a result of the agreement, CME Group customers now have a single point of access to BSOs global network reaching over 20 countries and 91 data centres across established and emerging markets as well as exchange colocation – providing direct connectivity to CME Groups Globex matching engines in Aurora, IL.
Michael Ourabah, CEO at BSO, added: In todays ever evolving trading landscape, market makers need access to a vast amount of market data to prove quality of execution, as well as pricing and liquidity risk exposure. By offering our full portfolio of managed services from one of the worlds biggest exchanges, market participants now have the advantages of accessing one single source of market data to adjust to changing market conditions.
The deal adds to BSOs progressive market position in the US, with Chicago already forming the financial hub at the heart of BSOs global low-latency network, which provides market-leading connectivity to Middle East and Asia-Pacific regions.
