Interbank prime of prime liquidity provider CFH Clearing has announced a new matching engine in TY3 in Japan as part of the company’s ongoing investment in Asia to provide clients with enhanced execution and reduced latency.
The new matching engine will go live from the beginning of April 2016 and will replicate CFH’s pricing infrastructure in LD4, with cross connects to Tier 1 banks. According to CFH, it will reduce the round trip between London and Tokyo by approximately 200 milliseconds, enabling clients connecting to TY3 to maximise the number of trades processed per second.
Nick Mortimer, CFH’s Head of Prime Brokerage and Clearing explained to LeapRate:
Our investment in TY3 ensures that clients trading in and around Japan who use our liquidity into MT4 or other platforms have the fastest possible execution and lowest possible latency.
Clients in the region are already benefiting from the ultra-low latency and cost efficiencies gained from our Point of Presence in Hong Kong and a number of data centres in China. This latest development highlights our commitment to further expansion in the region.
CFH’s growing team of Japanese and Chinese speakers will provide 24 hour support to clients from CFH Systems’ offices in Tokyo, Hong Kong and China.
CFH Clearing is a leading interbank prime of prime liquidity provider for small and medium sized institutional clients. It is one of the largest interbank STP venues in the market, with more than 400 institutional clients in over 80 countries. CFH Clearing is authorized and regulated by the Financial Conduct Authority (FCA).