Ready, Set, Go West: Chicago-to-Tokyo Trading Is Revving Up
- ICE strikes deal to sell access to new turbocharged network
- Taps into Go West network built by likes of Virtu, Jump, DRW
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Traders can turbocharge their trading between Chicago and Tokyo starting in the fourth quarter.
That’s when Intercontinental Exchange Inc., owner of major futures markets and the New York Stock Exchange, will begin selling access to the network built by Go West, a consortium featuring some of the world’s fastest traders. Those include Jump Trading LLC, Virtu Financial Inc. and DRW Holdings LLC’s Vigilant division.