SIX further expands its microwave network
With a new route linking Bergamo to Frankfurt, the European Microwave network of SIX Swiss Exchange – operated via 12H – expands its offering for clients looking for low-latency solutions.
As of 6 June 2022, the network features a connection between Frankfurt (Equinix FR2) and Bergamo (Aruba IT3), in response to the data center move of Euronext from London to Bergamo.
With this latest network expansion, clients of SIX Swiss Exchange benefit from the fastest possible transmission of market data from Zurich to London, Frankfurt and Milan, from Frankfurt to Bergamo and Milan as well as from London to Milan and – in cooperation with Nasdaq – to Stockholm.
With Microwave technology, price movements can be identified and investment decisions implemented as quickly as possible. As a result, risks can be managed more efficiently, spreads get tighter and liquidity is improved. SIX Swiss Exchange ensures that all participants benefit from fair and equal access to low-latency market data transmission.
Gregor Braun, Head of Sales Switzerland & Europe, comments:
“At SIX Swiss Exchange, we have a long history of offering the most advanced technology within our unique market structure, creating the best possible trading conditions for our participants and strengthening our position as the reference market for Swiss equities.” Get in touch to obtain more information on the network and the new route.
SIX Swiss Exchange is convinced that building and operating low-latency networks is key to democratize low latency access to exchanges. By continuously investing in improving existing routes and aiming to enlarge its network, it makes markets more efficient for the benefit of all market participants.
The microwave service is part of the portfolio of SIX Swiss Exchange. Fully owned by SIX since early 2022, it was launched in 2018 through the Zurich-based joint-venture 12H AG between the Swiss financial infrastructure provider SIX and the microwave solutions provider 12Horizons Pte Ltd. In 2020, 12H also entered a partnership with the operator of Nasdaq´s Nordic exchanges to create the jointly owned company RF Nordic Express AB and successfully launched its first service between London and Stockholm.