TNS ultra-low latency Layer 1 solution now live on Xetra trading platform
Traders using Deutsche Börse’s Xetra can now leverage ultra-low latency colocation connections as fast as 5-85 nanoseconds via Transaction Network Services’ (TNS) innovative TNSXpress Layer 1 solution.
TNS is offering a combination of managed hosting, colocation and connectivity options which utilise the TNSXpress Layer 1 single hop architecture that is up to 10 times faster than traditional Layer 3 architectures. This development also allows TNS to provide the Xetra Enhanced Order Book Interface (EOBI) feed, in addition to the market by price feed it offered previously.
“We’re delighted to be building on our relationship with Deutsche Börse by introducing these exciting new capabilities at Xetra,” says TNS’ Chief Product Officer, Bill Versen. “Fast, secure and reliable connectivity is essential for traders and we will continue to innovate and invest in technology which keeps them ahead of the curve. TNSXpress Layer 1 has been delivering mission-critical advantages for a growing number of US traders over these past few years, and we look forward to now making this service more widely available to their European counterparts.”