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NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) Pico, a leading provider of technology services for the financial markets community, has been recognized as the “
Best Company” in Markets Media’s 2021 Markets Choice Awards and joins the ranks of leaders, including Citadel Securities, Virtu Financial, Liquidnet and BlackRock, to have held this accolade.
Pico’s 44-strong data center presence traverses all the primary global market centers in the Americas, Europe, and Asia along with mission critical exchange connectivity. Its resilient proprietary network, PicoNet
TM is among the financial market’s most globally comprehensive low-latency network interconnecting all major financial data centers around the world and provides access to all major public cloud providers. The combination of Pico’s global infrastructure and data services with its analytics and machine intelligence solution Corvil Analytics, ensures clients remain nimble, fast and efficient in today�
Traders Magazine
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The increase in electronic trading across asset classes, especially in foreign exchange, presents growth opportunities for Pico, which provides technology services for financial markets.
Jarrod Yuster, Pico
Jarrod Yuster, chairman, founder and co-chief executive of Pico, told Markets Media: “The electronification of trading means more firms are focussing on core latency, data and efficiency.”
Trading in fixed income, currencies and commodities was traditionally less electronic than in equities trading but this is changing. Yuster said that foreign exchange presents a large opportunity, especially as Singapore is aiming to become the top FX trading centre in Asia Pacific.