Index arb traders get new DMA platform in Singapore
Credit Suisse rolls out its AES Velocity platform in the Lion City, with Australia next on the agenda.
Credit Suisse has gone live with a trading platform in Singapore that brings latency -- the time required to complete a trade -- down to below a millisecond. To 265 microseconds, in fact, in the case of one-way trades in Singapore (as speeds vary by market). That's a quarter of one-thousandth of a second.
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