Bequant and BSO bolster trading capabilities with new partnership
29 January 2021 UK
Image: Olivier Le Moal/adobe.stock.com
Digital asset firm Bequant has signed a strategic partnership with the infrastructure and connectivity provider BSO, a provider of network, cloud and hosting solutions.
The partnership will see the two bolster trading capabilities across both the Bequant Exchange and Bequant Pro prime brokerage businesses.
Bequant explains it has been exploring a partnership since last year, and realised similar goals for 2021.
It highlighted that it has since made the decision to partner on a number of initiatives, including strengthening of Bequant’s low latency offering through the use of BSO’s co-located data centres across more than 30 countries.
The partnership will enable both firms to collaborate to help meet market needs and create a global market infrastructure for the next generation of financial firms.
“BSO’s long standing expertise in financial markets enables us to further improve on our industry best, institutional-grade digital asset trading offering,” explains Bequant chief operating officer Sergiu Frasineanu.
Michael Ourabah, CEO and founder of BSO, comments: “We have witnessed an exponential growth and interest in cryptocurrencies and have responded with bespoke solutions for the sector.”
Ourabah notes: “Using our low latency and deterministic network, we deliver our customers’ mission-critical data from traditional capital market data centres to the key crypto exchanges across the world. We are pleased that BSO customers can now access Bequant's exchange with the power of our global low latency network.”
At the beginning of the month, Bequant was granted in-principle approvals by the Malta Financial Services Authority (MFSA) to operate both a prime broker and exchange.
The partnership will see the two bolster trading capabilities across both the Bequant Exchange and Bequant Pro prime brokerage businesses.
Bequant explains it has been exploring a partnership since last year, and realised similar goals for 2021.
It highlighted that it has since made the decision to partner on a number of initiatives, including strengthening of Bequant’s low latency offering through the use of BSO’s co-located data centres across more than 30 countries.
The partnership will enable both firms to collaborate to help meet market needs and create a global market infrastructure for the next generation of financial firms.
“BSO’s long standing expertise in financial markets enables us to further improve on our industry best, institutional-grade digital asset trading offering,” explains Bequant chief operating officer Sergiu Frasineanu.
Michael Ourabah, CEO and founder of BSO, comments: “We have witnessed an exponential growth and interest in cryptocurrencies and have responded with bespoke solutions for the sector.”
Ourabah notes: “Using our low latency and deterministic network, we deliver our customers’ mission-critical data from traditional capital market data centres to the key crypto exchanges across the world. We are pleased that BSO customers can now access Bequant's exchange with the power of our global low latency network.”
At the beginning of the month, Bequant was granted in-principle approvals by the Malta Financial Services Authority (MFSA) to operate both a prime broker and exchange.
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