Nomura's Digital Asset Arm Adopts 4OTC's Low Latency Technology

Nomura's Digital Asset Arm Adopts 4OTC's Low Latency Technology

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Jul 10, 2024
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Low-latency digital asset connectivity provider 4OTC has announced that Laser Digital, the digital asset subsidiary of financial services giant Nomura, has implemented 4OTC's 1API service for ultra-low latency connectivity to multiple global digital asset exchanges.

 

The move comes as Laser Digital seeks to optimize liquidity provision to its clients in an increasingly fragmented digital asset market. The 1API service is designed to offer a secure, scalable, and high-speed solution for accessing multiple liquidity pools efficiently.

 

Johannes Woolard, Head of Front Office Technology at Laser Digital, highlighted the challenges posed by market fragmentation. "Fragmentation in digital assets raises real challenges in time to market and maintaining consistent high quality execution. This means that we need ready to use institutional grade infrastructure to access liquidity from multiple exchanges," Woolard said. He added, "4OTC's 1API service enables us to connect efficiently to a majority of the digital asset markets."

 

The partnership reflects a growing trend of institutional players entering the digital asset space and the subsequent increase in trading speeds. Rob Wing, Head of Digital Assets and FX at 4OTC, commented on this trend, stating, "As more institutions enter the digital asset market, the speed of trading is increasing. We have continued to grow as leading trading firms need to connect to multiple liquidity pools, using high-speed, robust and reliable technology."

 

4OTC, known for providing low latency connectivity services for both Digital Assets and FX, views this collaboration as a significant milestone. "We are delighted to announce that Laser Digital is live with our 1API service," Wing added.

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