2 March 2016, Audacity Capital selects Beeks Financial Cloud

Audacity Capital Selects Beeks Financial Cloud for High Performance Infrastructure Hosting

Glasgow & Dubai, 3 March 2016 -Beeks Financial Cloud, a global leader in financial cloud infrastructure with an established track record in providing high performance, low latency solutions, announced today that Audacity Capital, the Dubai-based proprietary trading firm, has selected Beeks as its connectivity and server hosting solution. Through hosting its infrastructure in Beeks’ cloud solution, Audacity will create a ‘best of both worlds’ structure having the advantages of a co-located solution combined with the flexibility and agility of modern cloud computing.

Trading financial instruments has increasingly become automated over the last two decades, increasing its dependence on processing power, data storage and connectivity. Traditionally, trading firms would house these servers both in-house and co-located. This new relationship is reflective of Audacity’s forward-thinking approach on next generation connectivity, as well as their trust in Beeks’ service offering.

Marco Duquette, Director at Audacity Capital, stated: “We have been extremely diligent in selecting Beeks Financial Cloud. Any solution we would choose had to be able to meet our requirements of flexibility, scalability, reliability and latency.”  

Gordon McArthur, CEO at Beeks Financial Cloud, expressed his pleasure signing on Audacity Capital as a client: “Having gone through a competitive process, Beeks Financial Cloud is delighted to welcome Audacity on board. Embracing the cloud computing model shows that Audacity Capital is willing to embrace new trends and models in fintech.”

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a UK based low latency service provider for institutional capital markets. With seven data centres globally and low latency connectivity between sites, Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients trading forex/futures and equities. For more information, visit: www.beeksfinancialcloud.com.

ABOUT AUDACITY CAPITAL

Audacity Capital DMCC is a global player in the financial markets. Headquartered in Dubai it operates as a proprietary trading firm using in-house developed software and trading strategies. Audacity Capital is a member of FIA Asia (Futures Industry Association) and operates under the Dubai Multi Commodities Center (DMCC) infrastructure, a strategic initiative by the Government of Dubai to provide the physical, market and financial infrastructure to facilitate a commodities market place in Dubai. As a proprietary trading firm it solely uses own capital to take positions in financial products providing liquidity to the financial markets.

18-Dec 2015, Audacity Capital signs on Maarten Kalff as system architect

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Audacity Capital signs on Maarten Kalff as system architect

Dubai, 18 December 2015 -  Audacity Capital, the Dubai based proprietary trading firm announced it has signed on Maarten Kalff to further build and expand the technical infra-structure of the company. This latest hire is another step in the implementation of the company’s strategy to gather the smartest minds in the financial industry to operate the most technical advanced financial markets trading firm.

Dutch native Maarten Kalff has over 10 years of experience in the financial markets as a market infrastructure consultant and solutions architect for several renowned organizations such as consulting firm Schuberg Philis and market making and HFT trailblazer Optiver. His in-depth knowledge of data center infra-structure and exchange connectivity will be essential in building Audacity’s trading infra-structure.

Harold Duineveld, MD at Audacity Capital stated: “We’re extremely pleased to have Maarten join our team. Maarten is unique in combining his expertise in market infra-structure with great product knowledge. A successful trading engine can only work if the people engineering the models, coding the software and designing the hardware can seamlessly work together and understand each other. With Maarten’s help we’ll ensure that the infra-structure solutions are fully tuned to the needs of our trading models”. Mr. Kalff, who will join Audacity on a consulting basis, also commented on the announcement: “I took a good look at the plans and the people and liked what I saw. Audacity is a young and ambitious organization, packed with talent operating as ‘Fintech’ prop trading. They have little to none ‘old school’ legacy systems in both IT and management which means they can be nimble and efficient, essential to building a successful trading methodology. It’s exciting to be part of that”.

 ABOUT AUDACITY CAPITAL

Audacity Capital DMCC is a global player in the financial markets. Headquartered in Dubai it operates as a proprietary trading firm using in-house developed software and algorithms. Audacity Capital is a member of FIA Asia (Futures Industry Association) and operates under the DMCC (Dubai Multi Commodities Center) infra- structure, a strategic initiative by the Government of Dubai to provide the physical, market and financial infra-structure to facilitate a commodities market place in Dubai. As a proprietary trading firm it solely uses own capital to take positions in financial products providing liquidity to the financial markets. As an organization, Audacity Capital recognizes that success in financial markets is driven by technological and financial engineering. Audacity therefore employs the smartest engineering minds to build their trading methodology and infra-structure.

8-Dec-2015, Audacity Capital joins FIA Asia

PRESS RELEASE FOR IMMEDIATE RELEASE

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Audacity Capital joined FIA Asia for industry representation

Dubai, 8 December 2015-  Audacity Capital, the Dubai based proprietary trading firm announced today that it became a member of FIA Asia, the leading futures industry association representing the interests of financial market firms in the Asian and Middle East regions.

FIA Asia is part of FIA (Futures Industry Association), thought leader, advocate and educator for centrally cleared derivatives. Its mission, amongst others, is to protect the public interest through adherence to high standards of professional conduct and financial integrity. The world’s largest financial organizations are members of one or more of the FIA bodies. Smaller firms in the proprietary trading sector tend to be reluctant to join as they have no client focus in their business operations and have a strong benefit to only to incur costs if there is a direct business benefit. Audacity chose to join FIA Asia as Audacity believes that a modern proprietary trading firm should not just invest in themselves but also in the market as a whole.

Marco Duquette, Co-founder of Audacity Capital stated: “The financial industry as a whole and proprietary trading in particular operate in a complex and sometimes mysterious environment. We believe that transparency and dialogue are essential in building a better market and restoring faith in the financial industry as a whole. Industry associations play a pivotal role there. We believe that Audacity should be an active part of that dialogue”. Harold Duineveld, MD at Audacity Capital weighed in on the benefits for Audacity: “FIA Asia is a great source of information and network opportunity in addition to their representation activities. This will provide us with strategic insight in market development, essential to our corporate strategy and provide us a platform to interact with industry peers and service providers, enabling us to find more counterparts to trade with and services to choose from.”

ABOUT AUDACITY CAPITAL

Audacity Capital DMCC is a global player in the financial markets. Headquartered in Dubai it operates as a proprietary trading firm using in-house developed software and algorithms. Audacity Capital is a member of FIA Asia (Futures Industry Association) and operates under the DMCC (Dubai Multi Commodities Center) infra- structure, a strategic initiative by the Government of Dubai to provide the physical, market and financial infra-structure to facilitate a commodities market place in Dubai. As a proprietary trading firm it solely uses own capital to take positions in financial products providing liquidity to the financial markets. As an organization, Audacity Capital recognizes that success in financial markets is driven by technological and financial engineering. Audacity therefore employs the smartest engineering minds to build their trading methodology and infra-structure.