EllaLink and BSO launch strategic partnership to develop financial markets between Europe and Latin America
EllaLink, the express optical platform between Europe and Latin America, and BSO, the global pioneering infrastructure and connectivity provider, announced today plans to develop the financial markets between Europe and Latin America in order to commercialise low latency services for their customers.
To date, European and Asian firms wanting to trade the Brazilian markets have had to transit through the US. With the launch of EllaLink in June, trading strategies in Brazil and South America that were previously uneconomic for international entities have become much more attractive.
BSO has partnered with EllaLink at a strategic level to put in place the necessary ultra-low latency connectivity and infrastructure to enable trading firms from around the world to access the Latin American exchange, and to capitalise on the opportunities that it offers. These new routes will open up a wide range of possibilities for proprietary trading firms, capital banks, hedge funds and other market participants, across multiple asset classes.
“We are proud to be the preferred supplier for EllaLink in the capital markets sector. Our work to connect those in emerging markets with other trading networks around the globe has garnered significant results for the regions in question, even at this early stage. With this rapid progress in mind, BSO is well-placed to ensure that firms who want to access the Brazilian market have everything they need,” said Michael Ourabah, Chief Executive Officer, BSO.
Vincent Gatineau, EllaLink Chief Marketing & Sales Officer, added “Our partnership with BSO further demonstrates EllaLink’s ability to recognise the needs of the global markets and to provide services that will bring financial communities together. We are excited to say that EllaLink’s direct routing provides a significant latency advantage over competing networks, creating new opportunities for our partners and customers.”