Infrastructure and connectivity provider, BSO, has gone live in the Italian city of Bergamo, in keeping with its plans to cover more of Europe with its low-latency network.
This expansion of BSO’s network will enable businesses to co-locate and directly access leading exchanges based in the region, which is just 40km away from financial capital Milan.
In a move that marks the impact of Brexit on the industry, the biggest stock market operators and exchanges in the EU have confirmed imminent plans to transfer their trading platforms out of the UK and into other areas throughout Europe, such as Bergamo.
In addition to physical relocation of the data centres that house these trading platforms, colocation migration and technical migration will be necessary for their customer bases, consisting of banks, high-frequency traders and brokers, who will require low-latency connectivity with the Bergamo site. The relocation will not only affect the customers that trade on these platforms, but also customers that are currently co-located with the exchange.
