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Pragma Goes Live in LD6

Pragma has
established a connectivity presence in Equinix’s LD6 data centre in London to
service its international client base.

Pragma says
that its move into the LD6 data centre is designed to meet growing demand for
its Pragma360 platform, which comprises advanced algorithmic trading, order
routing and transaction cost analysis (TCA) tools.

With
trading institutions requiring lower latency and reliable connectivity to
trading venues and counterparties, London’s position at the centre of European
and international financial markets was a crucial factor when selecting a data
center to support Pragma’s European operations. 

David
Mechner, CEO at Pragma, comments: “Our investment in the data center at
Equinix’s LD6 site offers Pragma360 clients access to state-of-the art
technology and the largest ecosystem for foreign exchange trading globally. The
banks we service need state-of-the-art trading capabilities for their traders
and buy-side and corporate clients, making LD6 a natural fit.”

Colin Lambert

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