According to the company, the expansion of its low-latency network will enable the business to co-locate and directly access leading exchanges based in the region, which is just 40km away from financial capital Milan.
The biggest stock market operators and exchanges in the EU have confirmed plans to transfer their trading platforms out of the UK and into other areas throughout Europe as the impact of Brexit becomes more clear.
Tony Jones, head of low-latency strategy at BSO said, “BSO is perfectly aligned to support traders’ transitions when exchanges relocate within Europe.
“Market demands continue to grow post-Brexit, and it’s vital that HFTs, banks and brokers work alongside experts able to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they require; regardless of location.”
In addition to the physical relocation of data centres that house trading platforms, technical migration will be vital for their customer bases who will require low-latency connectivity with the Bergamo site.
BSO says it can now support firms in successfully transferring their trading platforms to Bergamo which offers low-latency connectivity from over 240 locations including the Telehouse North 2 Data Centre located in London.