BVC Applies Rapid Addition’s Tech For Project

The Bolsa de Valores de Colombia has implemented Rapid Addition’s technology to develop a regional integration project along Latin America’s Pacific Coast.

The Bolsa de Valores de Colombia (BVC) has implemented Rapid Addition’s technology to develop a regional integration project along Latin America’s Pacific Coast, Finextra reports. The Latin American Integrated Market (MILA) is a FIX-based messaging routing network connecting the BVC, the Bolsa de Valores de Lima (Peru) and the Bolsa de Comercio de Santiago (Chile).

The project, which currently provides access to the three markets with a combined capitalization of $600 billion, has been built using a .NET version of Rapid Addition’s FIX Order Routing product GRHubTM. The trading technology solutions provider’s Generation Zero technology and RA-CheetahTM, the world’s lowest latency FIX engine, have also been used in the project.

Click here for the story from Finextra.