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 offers a combination of managed hosting, colocation and connectivity options which utilize their TNSXpress Layer 1 single hop architecture. This architecture would be up to 10 times faster than traditional Layer 3 architectures. The new 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,” said Bill Versen, Chief Product Officer at TNS. “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.”
Managed Hosting, Colocation
TNS offers traders access to a global, 125-strong Point-of-Presence footprint, over 2,800 financial community endpoints and more than 60 exchanges around the world. According to TNS, their managed hosting and colocation customers would also benefit from a lower TCO over standard ‘build your own’ options.
Specifically designed and engineered to address the needs of financial market participants worldwide, TNS offers a range of connectivity, colocation, cloud, market data and VPN solutions. In 2020, TNS celebrates 30 years of being a worldwide provider to global companies in the most mission critical industries. TNS’ solutions are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK and Australia.
