CHICAGO, Oct. 18, 2016 /PRNewswire/ -- Advantage Futures announced support of over 500 technology devices throughout its multiple data centers. This significant buildout includes client equipment colocated proximate to exchange matching engines as well as Advantage Futures network and operational infrastructure. Client hosted technology devices increased 26% since January 2015.
"We see accelerated demand for server colocation," explained Advantage CEO Joe Guinan, "client focus on cost reduction coupled with trust and confidence in our talented technology team seem to propel this increase."
"The growth in colocated equipment highlights our technology team's quality service, network monitoring, on-site maintenance and support," explained Terry Duffy, Senior Vice President, Business Development, Advantage Futures.
Advantage offers flexible monthly pricing with no long-term contracts required. The firm leases over 4,000 square feet of data center space strategically located in proximity to major exchange trade matching engines. Server colocation brings client trading strategies close to exchange matching engines—reducing latency, execution times and points of potential failure.
"Advantage colocation provides clients reliable, high-performance connectivity at a fraction of the cost of a private data center," added Tom Guinan, Chief Technology Officer, Advantage Futures. "Our economies of scale enable Advantage to price competitively, maintain performance and efficiency and provide exceptional service. When the markets are open, we are open, staffed 24/6 to provide support."
About Advantage Futures:
Advantage Futures ranks among the high volume clearing firms with 200 million contracts processed year to date and 3.6 billion contracts over our thirteen year history.
Advantage strives to deliver unparalleled client service. Exceptional technology support, experienced risk management and responsive back office operations combine to provide comprehensive, technology-driven clearing and execution over robust and redundant network infrastructure.
Advantage does not engage in proprietary trading, except for a de minimis amount of firm capital used for hedging foreign currency exposure
To learn more about Advantage Futures, please visit our web site at www.AdvantageFutures.com or contact client representatives at 312.800.7000.
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SOURCE Advantage Futures