TIDMBKS

Beeks Financial Cloud Group PLC

17 April 2018

Beeks Financial Cloud Group plc

("Beeks")

Beeks Financial Cloud enters the Equities automated trading market

Glasgow, [April 17], 2018 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce entry into the Equities automated trading market by adding connectivity to IEX, the New York based U.S. stock exchange.

Beeks is now an approved extranet service provider for the Exchange's market data. Connectivity within the NY4 datacentre will allow Beeks' clients to source and trade U.S. Equities data, meaning Beeks can now supply Infrastructure as a Service (IaaS) and connectivity in all three of the key financial asset classes: forex, futures and equities.

Founded in 2012, IEX introduced its first trading venue in 2013 and launched as a U.S. stock exchange in 2016. IEX does not charge for market data or connectivity.

Gordon McArthur, CEO of Beeks Financial Cloud, commented, "Having established Beeks as a leading Infrastructure-as-a-service and connectivity provider to the Financial Markets, we are delighted to now be able to expand into the equities market through this agreement with IEX. The equities market represents a significant growth opportunity for Beeks and builds on our recent entry into Fixed Income and cryptocurrencies. We will continue to seek ways to expand our offering and better facilitate our clients."

For further information please contact:

 
 Beeks Financial Cloud Group plc 
 Gordon McArthur, CEO                             via Alma PR 
 Simon Goulding, CFO 
 
 Cenkos Securities plc                     +44(0)131 220 6939 
 Derrick Lee / Beth McKiernan 
 
 Alma PR                                   +44(0)20 8004 4219 
 Caroline Forde / Josh Royston / Helena 
  Bogle

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a UK-based low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in Forex, Futures, Equities, Fixed income and cryptocurrency financial products. With nine data centres globally and low-latency connectivity between sites, the Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients. For more information, visit: www.beeksfinancialcloud.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAEASLKFDFPEFF

(END) Dow Jones Newswires

April 17, 2018 02:01 ET (06:01 GMT)

Beeks Financial Cloud (LSE:BKS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Beeks Financial Cloud Charts.
Beeks Financial Cloud (LSE:BKS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Beeks Financial Cloud Charts.