
Ultra-low Latency Trading is Coming: Announcing Colocation Service for Institutional and Individual Clients
Kraken, a leading cryptocurrency exchange, is excited to announce the upcoming launch of its colocation service in partnership with Beeks Exchange Cloud. This innovative solution promises to revolutionize trading by providing ultra-low latency, fairness, accessibility, and rapid execution.
Unlike other exchanges that only offer colocation services to institutional clients, Kraken is breaking new ground by making this technology accessible to all partners and clients, including individual traders. This move reflects the exchange’s commitment to equal market access and transparent trading practices.
The company has spent over a decade building and refining its infrastructure, which has enabled it to maintain its strong reputation for reliability and performance. The introduction of colocation services further enhances Kraken’s capabilities, allowing it to stay ahead of the curve in terms of technological advancements.
Kraken will be providing cloud compute rental options from Beeks directly within its European data center. Additionally, clients with specific technical requirements can install physical hardware and access colocation services on a direct basis. This flexibility is designed to cater to the diverse needs of both institutional and individual traders.
The latency improvements achieved through this partnership are expected to vary depending on the client’s location. However, Beeks Exchange Cloud users will enjoy identical low-latency experiences as those with physical hardware installations. For instance, traders based in London can expect sub-millisecond latency, which is a significant game-changer for execution speed.
Beeks Financial Cloud CEO Gordon McArthur expressed his enthusiasm about this partnership, stating that it aligns with the shared values of performance, transparency, and trust between the two companies. He emphasized that the collaboration sets a new benchmark for low-latency infrastructure that supports Kraken in enhancing accessibility, execution speed, and market fairness.
Kraken’s Head of Exchange, Shannon Kurtas, highlighted the significance of this innovation: “Kraken has spent over a decade continuously improving our infrastructure and technology. By collaborating with Beeks, we’re enabling even lower latency, faster price discovery, and deeper liquidity for all of Kraken’s spot and derivative markets.”
It is clear that the partnership between Kraken and Beeks Exchange Cloud is committed to empowering traders with unparalleled speed and reliability. The exchange anticipates launching this service later in the year and encourages interested parties to pre-register (with no commitment required) to be among the first to take advantage of this groundbreaking opportunity.
Pre-registration for colocation services is now open, and more information can be found on Kraken’s official blog.
Source: https://blog.kraken.com/news/beeks-colocation-ultra-low-latency-trading