Thursday June 9 2022

News Source: Global Exchanges

Focus: Trading Systems and Technology

Type: General

Country: Switzerland

Link: https://bit.ly/3O9ra49




On 7th June 2022, the Swiss Stock Exchange (SIX) announced that it has committed to cater to the needs of clients looking for low-latency solutions and operates the largest microwave network in Europe through 12H. As of 6th June 2022, the network features a connection between Frankfurt (Equinix FR2) and Bergamo (Aruba IT3), in response to the data center move of Euronext from London to Bergamo. 

With this latest network expansion, clients of SIX Swiss Exchange benefit from the fastest possible transmission of market data from Zurich to London, Frankfurt and Milan, from Frankfurt to Bergamo and Milan as well as from London to Milan and – in cooperation with Nasdaq – to Stockholm. 

With Microwave technology, price movements can be identified and investment decisions implemented as quickly as possible. As a result, risks can be managed more efficiently, spreads get tighter and liquidity is improved. SIX Swiss Exchange ensures that all participants benefit from fair and equal access to low-latency market data transmission. 

A Testament to the Innovative Nature of SIX Swiss Exchange 

SIX Swiss Exchange is convinced that building and operating low-latency networks is key to democratize low latency access to exchanges. By continuously investing in improving existing routes and aiming to enlarge its network, it makes markets more efficient for the benefit of all market participants. www.six-group.com/microwave 

Click on the above link for further informationÂ