Enyx Announces Expansion to Asian Markets
To support the growth in requirements for its products and services, Enyx is establishing a local presence in the region. “Asia is a key trading hub with high performance trading continuing its growth as Exchanges update their infrastructure to take advantage of low latency trading” says Arnaud Derasse, CEO at Enyx. He continued “We are committed to the region and delivering FPGA solutions that are providing real improvements for firms connecting to the Asian exchanges and trading venues”
Nicolas Karonis has been recruited as Managing Director for the APAC region. Initially based in Sydney, Nicolas will be responsible for the growth of the business and the establishment of the Asian operations team to cover client support and project management during trading hours in the Asian time zone. Nicolas brings close to 20 years’ experience in the electronic trading industry working in Paris, Tokyo and Sydney. As CTO with GL Trade in Asia, he supervised the growth of exchange connectivity to over 20 electronic markets in Asia. Nicolas has always been a driving force for the adoption new technology geared towards high performance. During the last 2 years Nicolas has led a variety of low latency and FPGA initiatives.
“Asia is increasingly becoming a major market for systematic machine driven trading. The major exchanges in Japan, Korea, HK, Australia and Singapore have invested recently in major upgrades of their trading platforms. Most other exchanges in Asia have equally promising projects. Now is the perfect time to bring Enyx’s technologies to Asia to enable algo trading or market making firms to benefit from a best in class solution for data feeds. Our FPGA based data feed handler delivers data to the consuming application in less than 1.5 micro-s. This is less than the transit time for the fastest network cards and brings immediately measurable efficiency improvements into almost all algos” says Nicolas.