Patsystems said it added London to its network of trading and risk management hubs for futures.
The XHub XConnect is a global, fully-managed network of hosted applications. Patsystems XConnect provides customers with low-latency connectivity to the world’s leading futures markets and access to Patsystems’ suite of front-end trading tools without the need to invest in hardware infrastructure or related technical support resources.
The new London data center joins existing Patsystems XConnect hubs in Chicago, Hong Kong, Singapore, Sydney and Tokyo.
All Patsystems XConnect hubs are connected using Patsystems XLink technology, which, the firm said, " allows for seamless exchange connectivity "and routes orders between any Patsystems XConnect hub or client site.
Patsystems XConnect in London can support any number of users. Upon launch, the London hub will connect to more than 20 futures exchanges, including some of Europe’s leading markets, such as the London Metal Exchange.