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Deutsche Börse connects 100th participant to Proximity services

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Deutsche Börse now has 100 Eurex and Xetra participants, vendors and service providers using its two Proximity data centres in Frankfurt.

The centres provide the low latency and the high bandwidth of the Enhanced Broadcast Solution and Enhanced Transaction Solution interfaces.

Another five customers are soon to be connected.

"This confirms Deutsche Börse Group’s irrefutable role as leading European exchange in this field and highlights its attractiveness for trading houses that pursue latency-sensitive algorithmic trading strategies," says Matthias Kluber, executive vice president and head of networks and infrastructure at Deutsche Börse Systems. "Since the launch of the first Proximity data centre in 2006, we have experienced continuous growth in demand for low-latency locations from our trading participants, despite the deepening economic crisis. For us, this is the result of constantly optimising not only our own infrastructure but also the range of additional proximity and low latency trading services we offer."

Deutsche Börse has made it possible to transmit private news feeds unencrypted via the Enhanced Transaction Solution interface, thereby saving more time. This communication channel is safeguarded by way of additional technical features such as infrared surveillance systems and armored conduit for cable ducts.

Since August 2009, a new 10GBit/s backbone data line has also been in place between London and Frankfurt, setting new standards with its network latency of under five milliseconds.

New Proximity participants can initially test the new services with their algorithms and trading engines under the Proximity Tryout scheme.

The Eurex and Xetra members that use Deutsche Börse Group’s Proximity services are from 11 different countries, including Germany, the UK, the US, the Czech Republic, Hong Kong and Singapore.

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