Exegy Partners with Transaction Network Services on Global FX Trading Platform

Exegy Inc., a provider of managed services and low-latency technology for market data normalization and distribution, and Transaction Network Services (TNS), a provider of global managed data communications and interoperability solutions, announced a partnership in offering a global FX trading platform. The new offering combines TNS’ market connectivity and hosting solutions and Exegy’s Trade Port FX which delivers normalized FX market data and execution services to FX venues as a fully managed and integrated FX trading platform. The new partnership will include redundant, hardware-accelerated computing Exegy appliances installed in the main co-location centers globally, which will allow Exegy Trade Port FX to deliver single-digit, microsecond normalized FX market data from 44 live venues and order execution through a unified, FX-specific API. TNS will host these appliances and provide market connectivity to offer firms the flexibility to scale operations. Traders who sign up to the new global FX trading platform will also be able to establish connections with TNS’ financial community of interest which now counts more than 2,100 endpoints globally.