7ticks Ultra-Low Latency Network Connects London Financial Markets (NYSE Liffe)

Tuesday, June 9, 2009

Managed Service Provider Continues with Global Expansion Plan

CHICAGO and London, UK June 9, 2009 - 7ticks, the leading provider of high performance trading network solutions, is now offering access to European-based derivatives products, starting with NYSE Liffe. As a Managed Services Provider (MSP) connecting via NYSE Technologies' Secure Financial Transaction InfrastructureŽ (SFTIŽ) network, 7ticks will offer clients direct connectivity to NYSE Liffe, as well as other London based exchanges. With the goal of getting trading times down to the lowest common denominator, 7ticks has microsecond level insight into network architecture and latency, with a suite of advanced monitoring tools to help institutions, latency sensitive hedge funds, and proprietary trading firms make quicker and clearer decisions, with lower costs.

By adding London as a direct route on the 7ticks network, our algorithmic trading clients in New York, London, and Frankfurt financial centers now have access to NYSE Liffe. This is a huge opportunity for latency-sensitive quantitative applications to compete in the world markets," offers Joe Bigane, Managing Director of 7ticks.

Garry Jones, Group Executive Vice-President and Head of Global Derivatives, at NYSE Liffe said: "We are very pleased 7ticks will offer a direct link to the NYSE Liffe markets. 7ticks's decision will provide its customers with access to the wide range of liquid derivatives products offered by NYSE Liffe in a way that meets their two key demands today - speed of access and cost-efficiency."

About 7ticks

7ticks is the driving force in high performance trading networks and managed services for direct access to the financial markets. The 7ticks team provides electronic trading infrastructure design, procurement, installation, and hosting services that are enhanced by ongoing management, support, and monitoring solutions. .

Proprietary trading groups, clearing firms, global investment banks, brokers, market makers, hedge funds, and independent software vendors (ISVs) choose 7ticks for industry leading network performance, reliability, monitoring insight, and cost savings. 7ticks is headquartered in Chicago, IL and has an active worldwide presence, providing direct market access to leading exchanges and proximity/support services in Chicago, New York, New Jersey, Frankfurt and London.