Performance and Capacity

ETS has been upgraded to optimise latency and capacity. The roundtrip between the reception of an incoming order or quote and its return to the customer after completing the matching process is now achieved in less than 10 milliseconds.

With ever improving latency and capacity figures, Equiduct Trading aims to be at least as fast as the most advanced equity trading platforms in Europe at launch. It is Equiduct Trading's belief that the ability to respond to the higher transaction volumes created by increased fragmentation and overall growth as a result of the increase in cross border trading will become a crucial competitive factor in the years to come.

Equiduct Systems (who will provide technical and operational service to Equiduct Trading) will integrate the latency and capacity capabilities as part of a Participant Service Level Agreement.

In 2003, ETS was licensed by NASDAQ US for deployment in North America. ETS was developed at an original cost of more than €50 million. In preparation for the Equiduct launch, ETS is being upgraded to run on the latest hardware and add new functionality imposed by MiFID. New connectivity interfaces are added for participants, data-vendors and clearing and settlement providers.