Press release Thursday Nov 14, 2019

Infront now allows traders to view best price data across JSE and A2X worldwide

Global market data trading and analytics company, Infront, has started coverage of A2X market data. The data is now included in the Infront Professional Terminal which provides information on more than 8 million instruments from 80 exchanges around the globe used by over 600 counterparties worldwide.

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Kevin Brady, CEO of A2X said, “This is an important development for A2X as well as the South African marketplace. The dissemination of accurate, low-latency real-time data is a vital ingredient for the efficient functioning of a market and as an exchange. Since the introduction of competition, a little more than two years ago, one of the major challenges that brokers have faced is that their infrastructure was geared for a single exchange environment. With a consolidated order book now made available in the Infront Professional Terminal, brokers can easily see the best price across both markets and achieve best execution for their clients.”

Financial professionals in more than 50 countries rely on Infront for global real-time market data, trading, news, and analytics covering key markets. Infront’s proven solutions are driven by their clients’ business needs and have been developed by industry experts over 20 years.

A2X, Chief Technology Officer, Neal Lawrence added, “Choosing the right partners is key to the success of any project.  Infront partnered with Echo Service Provider, an independent integrator of advanced network and cloud computing services, which were able to provide the virtualised environment and connectivity required for Infront to receive A2X market data and within a very aggressive timeframe. It has been a real pleasure working with agile partners like Echo and Infront to provide our brokers with choice when upgrading their trading systems to be able to trade across more than one market.”

The Infront Professional Terminal helps institutions reduce costs, adapt to fast changing market requirements, and work more efficiently with the increasing amounts of information available. Their fast, intuitive platform offers traders accurate and comprehensive market data managed securely from their data centers.

Infront’s MD, Renier Linde, said, “We are delighted to welcome A2X to our platform. As a provider of global market data and trading solutions, it is important for us to listen to our clients and deliver on their needs. The addition of A2X Markets now gives brokers the opportunity to get better clarity on prices and volatility when they look at our consolidated order book. Price discovery now conveniently happens in one easy to use window.”

By Meredith Sledd Lindquist