BT Radianz launches proximity solution in Asia  

HONG KONG: BT Radianz, a provider of financial

connectivity services, today announced its expansion of Radianz Proximity

Solution into Asia to provide low latency access for market data or trade

execution in Singapore, Hong Kong and Tokyo.






According to a statement released here, MetaBit Systems, Tokyo-based provider of
multi-venue liquidity solutions, and TraderForce, provider of European financial

information, are the first clients to deploy Radianz Proximity Solution in Asia.






By utilizing this solution, they are able to host their market data and trading
applications adjacent to Asia-based clients and execution venues.






Radianz Proximity Solution benefits the buy-side community with high-speed
connectivity to local broker-dealers that provide access to multiple trading

venues across Asia, a statement said.






Kevin Covington, head of product development, Radianz, said, "traders
around the world are looking for direct access to Asian liquidity pools. Radianz

Proximity Solution meets this demand by enabling direct market access (DMA) in

Asia and providing low-latency market data."