BT Radianz has announced the launch of Radianz Ultra Access, a high-speed service that provides ultra low latency connectivity between exchanges and brokers in the New York metropolitan area.
Radianz Ultra Access will allow transaction speeds of approximately one millisecond between local market participants and leading market data/execution venues that will include the International Securities Exchange, Nasdaq, and the New York Stock Exchange.
BT Radianz developed Radianz Ultra Access to provide highly resilient, extremely low latency network connections in response to the growing use of algorithmic and black box trading strategies, including direct market access (DMA) by broker-dealers, asset managers, prime brokers and hedge funds.
BT claims that Radianz Ultra Access provides clients with three key capabilities: managed services that reduce latency by 50%, guaranteed speed and availability, and an enhanced electronic trading environment.
The service includes a Direct Market Access Speedometer, which provides network, transactional, and market data latency indicators in an immediately actionable format, enabling traders to adjust their electronic trading strategies based on execution speed.