Kraken's Colocation Partnership With Beeks Turns One — Here's Why Low-Latency Trading Matters More Than You Think
(155 days ago) · 1 source · Summarized by CryptoBipto
Kraken is marking one year of its colocation partnership with Beeks, a cloud and connectivity provider that gives traders ultra-fast, low-latency access to Kraken's trading infrastructure. The partnership has aimed to democratize institutional-grade trading speeds by making colocation services more openly accessible to a wider range of traders.
WHY IT MATTERS
Imagine you're playing an online video game, and one player has a super-fast internet connection while everyone else is on regular Wi-Fi — that fast player has a huge advantage. In trading, 'colocation' works similarly: it means placing your computer physically right next to the exchange's computer so your trades happen almost instantly. Until recently, only big Wall Street-type firms could afford this kind of setup. Kraken's partnership with Beeks is trying to make this speed advantage available to more people, which is part of crypto exchanges growing up and offering the same professional tools that traditional stock exchanges have had for years.
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