California-based FutureTrade Technologies has signed a multi-year agreement to use Radianz's financial extranet, RadianzNet, to provide its clients with connectivity to exchanges and ECNs.
FutureTrade will use also use RadianzNet to provide its institutional and hedge-fund clients with access to its own services.
Jim Kwiatkowski, FutureTrade's executive vice president for sales and marketing, says Radianz's infrastructure will enable FutureTrade to improve the reliability of services and to reduce costs.
"We will be able to eliminate multiple point-to-point connections to our trading partners and use just one fully redundant connection into RadianzNet for access to all the destinations we need to reach," says Kwiatkowski.