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7ticks to Offer Hosting in BGC Partners’ Data Center
Providing low-latency connectivity to BGC’s eSpeed and ELX Futures, for trading Treasuries and Treasury futures contracts.
By Penny Crosman
July 15, 2009

Inter-dealer broker BGC Partners and managed services provider 7ticks announced today that 7ticks has launched direct access, network management, and proximity hosting services within BGC's Rochelle Park, New Jersey data center. 7ticks' presence at BGC's data center is meant to facilitate low latency access and enhanced connectivity services to BGC's proprietary trading platform for fixed income, futures, and derivative instruments.

For qualified BGCantor Market Data subscribers, 7ticks will now offer network access across the 7ticks global network for U.S. Treasuries and ELX Futures products (which are U.S. Treasury futures contracts). 7ticks will provide connectivity to major liquidity destinations such as Chicago, New York, New Jersey, London, and Frankfurt.

"For algo traders, and those wanting to trade more complex strategies, latency is a key consideration. By working with the 7ticks team to provide co-location and networking services to our clients and preferred vendors, we are offering our customers the ability to implement ultra-fast CEP solutions for our electronically traded products," said Robert Brown, Global Head of eBusiness Integration, BGC Partners.

BGC and 7ticks are also working with a number of independent software vendors via BGC's preferred vendor program to offer connectivity to BGC's electronic trading platform on 7ticks' network.



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