We look forward to unveiling a new colocation service that will provide clients with access to ultra-fast execution. The service is designed to further enhance transaction performance and scalability while maintaining fair and transparent access to the global crypto market.
Starting later this year, clients will be able to access ultra-low latency transactions from their European data centres by renting Cloud Compute from Beeks, a leading provider of low-latency calculation, connectivity and analytics solutions. Targeted clients with specific technical requirements also have the option to install physical hardware in the data center and access the colocation service directly.
“Kraken has been continuously strengthening its infrastructure and technology for over a decade, and this is the next step in its evolution,” says Shannon Kurtas, Kraken’s Head of Exchange. “Working with Beeks will drive latency, more efficient price discovery and deeper liquidity in all Kraken spot and derivatives markets.”
Although the exact latency improvements vary depending on the client location, those using Beeks’ ExchangeCloud® Colocation Services experience the same low latency benefits as those installing physical hardware in their data centers. For example, traders operating from London can expect sub-millisecond latency.
“We’re looking forward to seeing you in the future,” said Gordon McArthur, CEO of Beeks Financial Cloud.
“We will set up new benchmarks for lower-rise infrastructure and secure all traders.
Kurtas added: “Many exchanges offer colocation services, but Kraken’s approach is unique. This makes it accessible to all partners and clients, not just the most active traders.
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