--- title: "Pico | Trading Infrastructure, Analytics & Market Data" description: "Pico delivers analytics, trading software, market data, and connectivity for exchanges, banks, and brokers: 55+ data centers, 900+ venues, 24/7 support." source: https://www.pico.net/ markdown_url: https://www.pico.net/index.md --- # Data you can trust, that moves fast, anywhere to anywhere Data you can trust. Data that moves fast. Data anywhere to anywhere. One independent record at the packet level, serving as the trusted golden source of data for both electronic trading and enterprise observability. Single-digit microsecond market data distribution and execution across 230+ venues through a common API. End-to-end managed infrastructure and a proprietary network mesh connect 900+ exchange and venue products across 55+ global data centers. [### Enterprise Data & Analytics → Market-leading network capture, observability and performance analytics for business and operations.](https://www.pico.net/products/corvil-analytics/) [### Data Solutions & Trading Software → High-performance software API for market data & order execution.](https://www.pico.net/products/data-and-trading-software/) [### Market Services → Ultra low-latency, fault-tolerant, globally comprehensive connectivity to over 900 exchange and venue products.](https://www.pico.net/products/market-services/) [Talk to a Specialist](https://www.pico.net/contact/) [Explore Resources](https://www.pico.net/resources/) Trusted by the World's Leading Financial Institutions ## Comprehensive and Scalable Solutions Tailored to specific requirements, our turnkey solutions help clients expand into new asset classes and regions faster and more efficiently without the complexity of managing multiple providers. - [### Global Banks Connectivity and colocation across all major trading regions, as well as managed infrastructure with dedicated security controls to support operational resilience and regulatory requirements. Explore](https://www.pico.net/solutions/global-banks/) - [### Exchanges Reduce operational costs across trading environments by improving visibility through performance monitoring and compliance reporting. Explore](https://www.pico.net/solutions/exchanges/) - [### Regional Banks Compete more effectively with low-latency connectivity, market data, and infrastructure services, to improve trading performance, accelerate market access, and scale efficiently. Explore](https://www.pico.net/solutions/regional-banks/) - [### Fintech Service Providers Distribute normalized market data to hundreds of trading and risk endpoints, while eliminating the need for per-application exchange connectivity through a single common API. Explore](https://www.pico.net/solutions/fintech-service-providers/) - [### Quant Hedge Funds Deterministic performance in ultra-low latency environments where consistency and speed are critical to execution quality. Microsecond-level visibility and monitoring help firms optimize trading strategies and protect profitability. Explore](https://www.pico.net/solutions/quantitative-hedge-funds/) - [### Electronic Market Makers Pico enables execution across multiple venues with integrated risk controls and offers real-time monitoring for ongoing liquidity provision in various markets. Explore](https://www.pico.net/solutions/electronic-market-makers/) - [### Macro Hedge Funds Normalized market data and streamlined execution across global trading venues, enabling faster and more informed decision-making. Explore](https://www.pico.net/solutions/macro-hedge-funds/) - [### Asset Managers Reduce operational complexity with scalable connectivity, market data, and managed trading technology through a single provider, for improved access, faster support, and more data-driven investment decisions. Explore](https://www.pico.net/solutions/asset-managers/) - [### Retail Brokers Pico provides end-to-end visibility across trading infrastructure, helping firms eliminate performance blind spots and quickly identify operational issues. Explore](https://www.pico.net/solutions/retail-brokers/) - [### Crypto Firms Achieve fast, reliable access to global exchanges and liquidity venues through low-latency infrastructure, connectivity, and managed market data services. Explore](https://www.pico.net/solutions/crypto/) Industry Defining Ecosystem for the Financial Markets ## Best-in-class technology and services that serve as mission-critical infrastructure. News from some of our amazing customers who are building faster. ## Mission-critical applications from sophisticated and advanced financial institutions. ### Pico Ensures Early Access "As we prepare for launch, expanding connectivity through providers like Pico ensures market participants can confidently access TXSE's platform." ### From Crypto to Capital Markets - Pico Delivers "Pico has demonstrated resourcefulness and efficiency in deploying our infrastructure. They provided a dedicated customer service team that gave us comprehensive oversight into the migration and ensured successful execution with minimal disruption to our operations." ### 24-Hour Trading, Backed by Pico's Global Reach "As the first leading market operator enabling 24-hour trading days in equities, we are excited to partner with Pico to drive our growth among their Asia Pacific and other global subscribers." ### Gain Valuable Insights with Pico "Now, clients can spend 100% of their time gaining valuable insights rather than on unnecessary data cleansing. We are delighted to partner with Pico to advance this solution for the capital markets." ## Pico provides clients the freedom to move fast. 18 18: Global Offices 24/7 24/7: Technical Support 900+ 900+: Exchange & Venue Products 55+ 55+: Data Centers [Product ### Corvil 12000 The Corvil 12000 sets a new benchmark, doubling speed, scale, and intelligence for AI-ready network observability pipelines.](https://www.pico.net/about/news/pico-redefines-network-observability-with-200gbps-continuous-network-capture-and-analytics/) [Press ### Pico’s Corvil Analytics Unlocks Trusted Network Data for AI Workflows with 10.2 Software Release Pico's Corvil Analytics 10.2 software makes trusted network data AI-ready, improving observability, investigation speed and analytics throughput.](https://www.pico.net/about/news/picos-corvil-analytics-unlocks-trusted-network-data-for-ai-workflows-with-102-software-release/) [Blog ### Trading Under Stress: Modern Infrastructure for FX and Fixed Income In FX and fixed income markets, liquidity is dispersed across various venues and regions, making workflows complex and conditions volatile. During periods of thinning liquidity and increasing volatility, the quality of infrastructure becomes essential, as it directly influences real-time decision-making.](https://www.pico.net/blog/trading-under-stress-modern-infrastructure-for-fx-and-fixed-income/) ## Frequently Asked Questions ### What does Pico do? Pico provides trading infrastructure, global connectivity, market data, software and a packet-level analytics platform to financial institutions. Our customers include exchanges, market makers, banks, brokers, and quantitative trading firms across the Americas, Europe, and Asia-Pacific. ### How is Pico different from a public cloud provider for low-latency trading? Pico operates dedicated [colocation](https://www.pico.net/products/market-services/infrastructure/colocation-hosting/) in 55+ tier-1 financial data centers: the physical buildings where exchanges run their matching engines. Public clouds (AWS, Azure, GCP) cannot offer co-location to a matching engine. We do offer hybrid cloud architectures that bridge our colocated infrastructure with public-cloud workloads where it makes sense. ### What is Corvil? [Corvil](https://www.pico.net/products/corvil-analytics/) is Pico's packet-level network and trading analytics platform. It captures every packet, computes nanosecond-resolution latency for every order, and exposes the data via REST, Splunk, and Kafka. Customers use it to investigate order rejects, prove SLAs, and optimize tick-to-trade. ### Where does Pico have infrastructure? We operate in 55+ data centers globally, including NY4 (Secaucus), CH4 (Aurora), LD4 (Slough), FR2 (Frankfurt), TY3 (Tokyo), HK3 (Hong Kong), and SG1 (Singapore). [PicoNet](https://www.pico.net/products/market-services/connectivity/piconet/)™, our private global trading network, interconnects all major financial venues with deterministic latency. ### Does Pico support FPGA-accelerated market data? Yes. Pico's [Redline](https://www.pico.net/products/data-and-trading-software/) trading solution is a high-performance software with common API for market data and order execution. It supports both software and FPGA-accelerated deployments depending on the latency profile required. ### Is Pico a managed service or self-managed? Both. Customers can run Pico infrastructure with their own operations team, or subscribe to managed services where Pico's 24/7 global Service Operations Center handles delivery, device management, and lifecycle. ### How many exchanges does Pico connect to? Over 900 exchange and venue products globally, including major equities, futures, options, FX, and digital-asset venues. Connectivity is delivered over [PicoNet](https://www.pico.net/products/market-services/connectivity/piconet/)™ with sub-millisecond latency between major financial centers. ### When was Pico founded? Pico was founded in 2009 and is headquartered in New York City. The company has expanded through organic growth and strategic acquisitions including Corvil (network analytics) and [Redline](https://www.pico.net/products/data-and-trading-software/) Trading Solutions (low-latency software).