Source - RNS
RNS Number : 0809L
Beeks Financial Cloud Group PLC
17 April 2018
 

 

 

Beeks Financial Cloud Group plc

("Beeks") 

 

Beeks Financial Cloud enters the Equities automated trading market

 

Glasgow, [April 17], 2018 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce entry into the Equities automated trading market by adding connectivity to IEX, the New York based U.S. stock exchange.

 

Beeks is now an approved extranet service provider for the Exchange's market data. Connectivity within the NY4 datacentre will allow Beeks' clients to source and trade U.S. Equities data, meaning Beeks can now supply Infrastructure as a Service (IaaS) and connectivity in all three of the key financial asset classes: forex, futures and equities.

 

Founded in 2012, IEX introduced its first trading venue in 2013 and launched as a U.S. stock exchange in 2016. IEX does not charge for market data or connectivity.

 

Gordon McArthur, CEO of Beeks Financial Cloud, commented, "Having established Beeks as a leading Infrastructure-as-a-service and connectivity provider to the Financial Markets, we are delighted to now be able to expand into the equities market through this agreement with IEX. The equities market represents a significant growth opportunity for Beeks and builds on our recent entry into Fixed Income and cryptocurrencies. We will continue to seek ways to expand our offering and better facilitate our clients."

 

For further information please contact:

 

Beeks Financial Cloud Group plc


Gordon McArthur, CEO

via Alma PR

Simon Goulding, CFO




Cenkos Securities plc

+44(0)131 220 6939

Derrick Lee / Beth McKiernan




Alma PR

+44(0)20 8004 4219

Caroline Forde / Josh Royston / Helena Bogle


 

 

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a UK-based low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in Forex, Futures, Equities, Fixed income and cryptocurrency financial products. With nine data centres globally and low-latency connectivity between sites, the Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients. For more information, visit: www.beeksfinancialcloud.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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