BEEKS FINANCIAL CLOUD GROUP PLC

Regulatory Filings • Feb 28, 2019

National Storage Mechanism | Additional information

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RNS Number : 3484R

Beeks Financial Cloud Group PLC

28 February 2019

Beeks Financial Cloud Group plc

("Beeks") 

Beeks Financial Cloud hosts Cryptocurrency Exchange, BeQuant

Glasgow, February 28th, 2019 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce a collaboration with BeQuant Exchange ("BeQuant"), a leading cryptocurrency exchange based in London and Malta. Beeks will be hosting BeQuant's matching engine in London, within its dedicated network.

BeQuant offers deep liquidity and FIX connectivity for low-latency traders and has a reputation for flawless up-time and high availability. This new collaboration with BeQuant allows for the guarantee of consistent speed of access to all participants utilising the proximity hosting and bare metal server options provided by Beeks.

Beeks' partnership with Equinix facilitates this setup, with BeQuant's matching engine being hosted on Beeks' network within Equinix's LD4 datacentre in London. The Beeks Cloud operates within nine Equinix datacentres globally, providing ultra-low latency hosting and connectivity within and between these sites.

This announcement follows Beeks' on-going expansion of its cryptocurrency offering.

Gordon McArthur, CEO of Beeks Financial Cloud, commented, "The cryptocurrency market is constantly expanding, and by adding exchanges such as BeQuant to our portfolio, Beeks is able to facilitate access to these markets for our customers. Guaranteeing that no customer will have greater access speed than another is a unique offering and we are delighted to announce this new partnership with BeQuant."

Eleni Coldrey, Business Development Director at Equinix, commented, "Cryptocurrency exchanges that access key markets such as New York, Tokyo and London, with interconnection to the FX fiat ecosystem including liquidity providers as well as market data providers, provide critical services today, and enable global trading opportunities in the future. Beeks Financial Cloud powered by Platform Equinix provides the scalability, reach, and market connectivity that this growing ecosystem requires."

George Zarya, CEO of BeQuant, commented, "Digital assets have continued to generate interest among institutional investors. As a result, businesses dealing with cryptocurrencies need to provide a high-quality service that appeals to the demands of these clients. Through partnering with Beeks, BeQuant will continue building a reliable, trusted and efficient exchange platform that will have transparency and compliance at its heart."

For further information please contact:

Beeks Financial Cloud Group plc	via Alma PR
Gordon McArthur, CEO
Fraser McDonald, CFO
Cenkos Securities plc	+44(0)131 220 6939
Derrick Lee / Beth McKiernan
BeQuant Exchange - Alexandra P von Sauber  +447399088099	vonsauber@bequant.io
Alma PR	+44(0)20 3405 0212
Caroline Forde / Josh Royston / Helena Bogle

ABOUT BEQUANT

BeQuant Exchange is a leading cryptocurrency exchange based in Malta, delivering a reliable, fast and powerful platform solution to the market. Having been in the blockchain space since 2012, the BeQuant team have created a platform with flawless uptime, cutting-edge matching engine technologies, deep liquidity and FIX connectivity for latency sensitive traders. For more information, visit: www.bequant.io/ 

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 eleven 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.

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