FXecosystem, the low latency trading infrastructure provider to the world’s global Foreign Exchange (FX) market, launched Cable 2.0.

In order to enable clients to transact faster than ever before, the new service provides a number of diverse transatlantic link options, according to company officials. Cable 2.0 is fully integrated with the specialized FX Meet Me Room, and has been designed to reduce latency, risk, cost and slippage while increasing bandwidth, flow, customer access, efficiency, and price options.

The introduction of Cable 2.0, the FXecosystem transatlantic link, provides users with an alternative access route to larger numbers of customers on either side of the Atlantic, said company officials.

This latest offering from FXecosystem provides users with greater bandwidth and consistent, quantifiable Round Trip Delay (RTD) over a fiber switched network, with a third diverse route coming soon.

Company officials said that with current SLA times of 66.35 milliseconds on the primary route and 68.24 milliseconds on the diverse secondary route, no bandwidth restraints and no delta on RTD times, price engines and algorithmic strategies can be fine-tuned to gain competitive advantage.

Recently, a survey done by BIS reported that over the past three years, trading volumes of a group of currency players ranging from day traders at their kitchen-table laptops to hedge-funds to computer-driven models have surpassed the volume from the big banks that once dominated the market.

Company officials said that this change in the market make-up has led to greater demand for better price capture, as well as a requirement for more bandwidth to this alternative source of liquidity.

“Our customers have the choice of selecting the most appropriate connectivity for their individual trading needs, be that speed, bandwidth, cost, risk or efficiency. Our long and deep understanding of the FX market structure allows us to tailor solutions that bring real competitive advantage, not just an easy alternative,” said Jon Vollemaere, co-founder of FXecosystem, in a press release.

FXecosystem offers a differentiated solution to the Foreign Exchange (FX) market that increases the speed of trading and information between banks, hedge funds, brokers and vendors.

Vollemaere said that as the first to bring low latency FX to the market, the company continues to bring innovative solutions to the FX market, enabling customers to lead the market and transact faster than ever before.

“We are creating a new standard for the global FX market that provides market participants with far better options on speed, cost and risk. The majority of daily FX trading takes place between London and New York, and we are pleased to add this piece of functionality to our solution,” Vollemaere said.

Last month, FXecosystem completed a Series A funding round from both New York and London based investors.