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Spotex chooses Solace Systems for FX trading

First Published 15th July 2014

Spotex selects Solace message routers to reduce response times and slippage.

Craig Betts, CEO, Solace Systems

Craig Betts, CEO, Solace Systems

"Spotex's foreign exchange ECN is a disruptive force within FX trading, one destined to open new trading strategies for buy side and sell side market participants."

Ottawa, Ontario - Solace Systems has announced that Spotex has selected Solace message routers to serve as the low latency messaging foundation of their foreign exchange electronic communications network.

"Solace offers a unique combination of operational simplicity and extreme low latency, allowing Spotex to build highly scalable and reliable solutions for our clients," said Ritesh Agrawal, CEO of Spotex. "Solace's hardware-based approach to messaging eliminates the performance problems we've seen in software-based solutions."

"Spotex's foreign exchange ECN is a disruptive force within FX trading, one destined to open new trading strategies for buy side and sell side market participants," said Craig Betts, CEO of Solace Systems. "We are very pleased to be working with Spotex to deliver this innovative offering."

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