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ParFX’s unique ‘randomisation’ process is working exactly as intended when conceived in 2010 by the FX Pure initiative, according to the platform’s owner and leading interdealer broker, Tradition. ParFX is the first trading platform ever to implement this process amid rising industry concerns about the trading advantage those with the fastest computers may have.

OptionsCity Software announced today that Timo Pentner has joined the company as Executive Vice President of Services. Mr. Pentner will oversee all support, onboarding, and training operations in the U.S. and Europe.

euNetworks Group, today announced it has signed a new agreement with Hudson Fiber Network (HFN), the leading U.S. based transport and Internet Protocol (IP) service provider specialising in delivering network solutions to the financial community. Under the terms of this new agreement, euNetworks is delivering its euTrade service portfolio to HFN, with ultra low latency connection between an exchange in central London and an exchange in Slough, to the west of London.

RavenPack, the premier provider of real-time financial news analysis services, and Deltix, a leading provider of software for the development and deployment of advanced quantitative alpha generation and execution strategies, have announced a partnership to make RavenPack’s Regional Macro Sentiment Indexes available in the Deltix Cloud Services (DCS) platform.

Millennium Information Technologies (MillenniumIT) part of diversified international exchange business, London Stock Exchange Group (‘LSEG’), is today delighted to announce the appointment of John Mackay ‘Mack’ Gill, as its new CEO.

ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced it has upgraded the infrastructure behind its Millennium ATS to reduce trade latency by an additional 75%. The upgrade is designed to support the needs of ultra-low latency and IOC customers and includes matching engine optimization and connectivity advancements. The firm is currently in the process of transitioning customers onto the new FIX architecture.

Redline Trading Solutions today announced support for the Intercontinental Exchange (ICE) futures exchange in its ultra-low latency InRush 3 Accelerated Ticker Plant and Execution Gateway products.

RTS Realtime Systems Group (RTS), a leading global trading solutions provider, today announced plans to open its newest data center in Dubai, the first Middle East site in its global data center network.& Expected to go live in mid-July, the new hub in the RTS global trading network will offer ultra-low latency access to the Dubai Gold & Commodities Exchange (DGCX), one of the world’s fastest growing exchanges.

S&P Capital IQ’s Real Time Solutions has extended its low latency connectivity and co-location services to Hong Kong Exchanges and Clearing Limited (HKEx), through its QuantLINK solution. Buy- and sell-side firms in the region will now have access to the offering, while global clients will benefit from an optimised data feed and order routing services.