Fixnetix bags Credit Suisse hosted trading deal

Credit Suisse is to use technology from Fixnetix to offer hosted low-latency trading support and ultra-fast direct market access to users of its Advanced Execution Services business.

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Fixnetix bags Credit Suisse hosted trading deal

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Under the agreement, Credit Suisse will use Fixnetix's Hedge Fund Hosting package to provide the bank's high frequency, latency-sensitive trading customers with immediate access to fast exchange connections in order to reduce trading roundtrip times.

In addition Fixnetix will provide the bank's clients with non-conflated market data and on-demand direct connectivity to European exchanges and multi-lateral trading facilities.

Naseer Al-Khudairi, co-head of cash trading at Credit Suisse, says: "Partnering with Fixnetix means that we can provide our customers with a fully-supported, managed service with access to all the major markets, with a reliable and flexible trading infrastructure."

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