Wed, 01 Feb 2012 02:19:41 GMT - High Frequency Trading Review
Chile’s Santiago Stock Exchange (SSE) has committed to growing electronic trading volumes on its market, including the development of a new trading platform and a partnership with technology vendor Streambase.
The Latin American bourse is currently creating an equity trading platform that will have a latency of under one millisecond and a capacity of over 3,000 orders per second.
“The number of orders on the exchange grew by 68% in the second half of 2011,” Andrés Araya Falcone, CIO at the exchange, told theTRADEnews.com. “In addition, demand for DMA among foreign and international investors has also increased, and regulatory change that offers incentives for market makers, has also driven the need to provide these sorts of tools now.”
