Edgewater Markets has announced the launch of a local matching engine in Mexico City. The deployment of the server in KIO-5 data center will enable customers to cross connect directly to the Edgewater Markets local environment.
“The Mexican Peso and related crosses are an area of focus for the firm” said Robert Sanchez, Managing Director and Head of Edgewater Markets LATAM business. “We are seeing a trend where local banks and brokers are increasingly adopting electronic FX trading and this facility will empower local players to trade in a low latency environment. This initiative will allow Edgewater Markets to expand its footprint in Mexico and the rest of LATAM, by enabling local participants to provide, for the first time, local liquidity to one another.”