PicoNet™ proprietary network mesh connects 900+ exchange and venue products across 3 regional meshes (AMRS, EMEA, APAC) with dark fiber, 40/100Gbps circuits, and Layer 1/3 access options.
Market Services
End-to-end managed infrastructure for financial trading: connectivity, colocation, market data, cloud, and expert operations delivered as a single integrated service across 55+ global data centers.
PicoNet™ ultra-low latency network connecting 900+ exchange and venue products
Colocation hosting in 55+ data centers across AMRS, EMEA, and APAC
Direct exchange market data including equities, options, futures, FX, and fixed income
24/7 service operations with follow-the-sun monitoring and Corvil Analytics
What are Pico Market Services?
Pico Market Services deliver end-to-end managed infrastructure for financial trading, from PicoNet™ connectivity to 900+ exchange and venue products and colocation in 55+ data centers, to direct exchange market data, cloud services, and 24/7 expert operations. All delivered as a single integrated service with financial-grade security and Corvil Analytics instrumentation.
How Pico Market Services work
Pico is the only managed service provider to have made this level of investment in its infrastructure globally. We built PicoNet™ using the lowest latency switches, the fastest telecommunications links, and designed for speed, resilience and scalability, delivering the best possible customer experience as a single integrated service.
Global Connectivity
Infrastructure & Colocation
Dedicated or shared hosting in 55+ data centers globally. High-density, high-powered, secure rack space directly connected to PicoNet™ with PTP timing and internet connectivity.
Market Data Access
Full suite of global equities, options, futures, FX and fixed income data (Top of Book and Full Depth) from direct exchange handoffs at a fraction of the cost of direct connections.
Expert Services
24/7 global service operations with follow-the-sun support, delivery management, security, technology procurement, and Corvil Analytics instrumentation across every link.
Who uses Pico Market Services?
Industries
Benefits
Industries
Global Banks
- Enterprise-wide connectivity and colocation across all major trading regions
- SOC II compliant managed infrastructure with dedicated security controls
Industries
Proprietary Trading Firms
- Layer 1 ultra-low latency access to matching engines at co-location sites
- Be live in days, not months, with fully managed colocation hosting
Industries
Market Makers
- Uncontended bandwidth minimizing jitter and latency for accurate market views
- Multi-venue market data from direct exchange feeds on PicoNet™
Industries
Hedge Funds
- Managed infrastructure so resources focus on strategy, not operations
- Cloud services for scalable compute alongside co-located trading
Industries
Exchanges & Venues
- Attract liquidity with direct PicoNet™ connectivity to global participants
- Market data distribution infrastructure managed by Pico
Industries
Broker-Dealers
- Multi-region connectivity and colocation for client DMA services
- Reduce costs with economies of scale vs. direct vendor relationships
Industries
Market Data Providers
- Direct exchange data redistribution across PicoNet™ global footprint
- Corvil Analytics monitoring for feed quality and latency analysis
Industries
Trading Operations Teams
- 24/7 managed service as an extension of your team with service reviews
- Automated daily checkouts, incident analysis, and instrumentation reporting
Global Infrastructure and Connectivity
PicoNet™ provides globally comprehensive connectivity, resilient infrastructure, and real-time performance visibility to power modern electronic trading environments. Spanning 55+ data centers and 5 major public cloud providers, Pico's high-capacity global network connects markets, participants, and counterparties with low-latency access to market data, order execution, and analytics services worldwide.
We procure a rack exclusively for you. All network components, including Top of Rack "ToR" and management switches, are resilient and completely dedicated to you with the option to have them fully managed by Pico. In this dedicated model, your rack is connected to the Pico core switch infrastructure to access data and trade.
Pico's standard Arista low latency Top of Rack configuration, inside a shared Pico hosting environment. The Top of Rack access layer node operate as a multi-layer switch combining 10G port aggregation and routing functionality connecting to all available markets on PicoNet™.
What does Pico Market Services include?
Modular services for connectivity, infrastructure, and market data: deploy individually or as a complete managed trading stack.
Market Data
Pico Market Data provides direct exchange feeds from 900+ exchange and venue products across equities, options, futures, FX, and fixed income, in Top of Book or Full Depth. Dedicated and shared port options make direct-source data available at a fraction of the cost of individual venue connections.
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Raw Market Data
Raw Market Data gives you unprocessed direct exchange feeds — real-time prices, volumes, order book updates, and trades exactly as published — from 900+ exchange and venue products over PicoNet™. Dedicated or shared ports, multicast or unicast, remove the need to establish individual exchange relationships. -
Historical Market Data
Pico Raw Historical Data (PRHD) captures native exchange feeds as PCAPs with nanosecond-precision PTP timestamps from 100+ US and European venues since 2016. Resilient A and B feed capture with gap detection and automatic retransmission supports backtesting, compliance verification, and trade forensics.
Connectivity
PicoNet™ is Pico's proprietary ultra-low latency global network, connecting 900+ exchange and venue products across the Americas, EMEA, and Asia-Pacific. A three-tier architecture of dark fiber and 40/100Gbps circuits offers Layer 1 and Layer 3 access, with every route continuously monitored by Corvil Analytics.
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PicoNet™
PicoNet™ is Pico's proprietary ultra-low latency network mesh, built on the lowest latency switches and fastest telecom links across three regional meshes in AMRS, EMEA, and APAC. Layer 1, Layer 3, and Cross Connect options reach 900+ exchange and venue products, with 5ns Layer 1 multicast via venue switch. -
Venue Access
Venue Access connects you to 900+ exchanges and venues, dark pools, and MTF products with 10, 40, and 100Gbps handoffs across the US, Europe, and Asia-Pacific. Choose dedicated ports for the lowest possible latency or cost-effective shared connectivity, co-located or remote, all managed and monitored by Pico venue experts. -
Network Services
Network Services supply the foundations trading infrastructure depends on: high-precision PTP and PPS timing synchronized across PicoNet™, registered IP addressing, and dedicated managed networks. Rubidium oscillators hold clock drift under 1μs through 24 hours of GPS loss, supporting FINRA and MiFID II. -
IntelliVUE
IntelliVUE is Pico's interactive monitoring platform, visualizing the real-time operational state of PicoNet™ across 55+ data centers and 90+ circuits. Powered by Corvil Analytics, it presents on-demand latency measurements, exchange accessibility, live service status, and upcoming maintenance on a single map.
Infrastructure
Pico Infrastructure covers colocation hosting near the exchanges, managed public and private cloud, server lifecycle management, and enterprise security across 55+ global data centers. Intellihands engineers provide on-site support in every location, backed by 24/7 follow-the-sun operations.
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Colocation Hosting
Colocation Hosting places your trading infrastructure in dedicated or shared rack space across 55+ global data centers, physically close to the exchange matching engines. Every rack connects directly to PicoNet™ for access to 900+ exchange and venue products, with PTP timing and 24/7 Intellihands support included. -
Cloud Services
Pico Cloud Services deliver managed public, private, and hybrid cloud built for trading workloads, spanning AWS, Azure, and Google Cloud alongside dedicated private hardware. Financial-grade controls, IDS/IPS, encryption, and Corvil Analytics monitoring apply across every model, supported by 24/7 operations.
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Device Management
Device Management builds, configures, deploys, monitors, and patches your trading servers through automated zero-touch provisioning. Pico manages 10,000+ devices globally for 200+ clients, typically racking and validating equipment within one to three days of receipt, with 24/7 follow-the-sun coverage. -
Intellihands Services
Intellihands Services put highly trained, security-accredited Pico engineers on site in 55+ global data centers, acting as a physical extension of your team. They handle rack and stack, cabling, component replacement, visual inspections, and power cycling, on weekly, monthly, or annual service packages. -
Delivery Management
Delivery Management assigns a dedicated project manager to every infrastructure deployment, coordinating engineering teams from kickoff through to production go-live. Multi-step QA covers physical, elevation, logical, penetration, and user acceptance testing, closing with formal knowledge transfer to Service Operations. -
Security
Pico Security delivers network and host-based protection, threat and vulnerability management, identity and access controls, and 24/7 monitoring built for ultra-low latency environments. It is SOC 2 accredited, GDPR compliant, and NIST aligned, with AES-256 and TLS 1.2+ encryption throughout. -
Service Operations
Global Service Operations provides 24/7 client support across the Americas, EMEA, and Asia-Pacific, covering incident response, change management, and vendor liaison. Automated Start of Week and Start of Day checkouts, PTP drift analysis, and Corvil appliances in every data center reduce both MTTR and MTTI. -
Technology Procurement
Technology Procurement gives you Pico's Value-Added Reseller partnerships and supply chain expertise as a managed service, covering vendor selection, pricing, logistics, and global delivery. Lead times typically run two to four weeks, with purchase or lease financing options available. -
Infrastructure Analytics
Infrastructure Analytics provides 24/7 monitoring of colocated server and network hardware, from disk, processor, and NIC health to operating system status and service ports. Four tiers scale from switch monitoring to fully managed servers, with proactive alerting and Intellihands dispatch when hands are needed on site.
Key Capabilities
World-class infrastructure purpose-built for financial markets.
900+ Exchange & Venue Products
PicoNet™ connects to every major trading venue across Americas, Europe, and Asia-Pacific.
Cloud Services
Private, public, and hybrid cloud with Corvil monitoring and managed security.
24/7 Operations
Follow-the-sun service operations with automated checkouts and Corvil instrumentation.
Enterprise Security
SOC II compliant with IDS/IPS, firewall, encryption, and NIST framework controls.
Frequently asked questions
Pico Market Services deliver end-to-end managed infrastructure for financial trading: PicoNet™ connectivity to 900+ exchange and venue products, colocation in 55+ data centers, direct exchange market data, and managed cloud — all as a single integrated service with financial-grade security and Corvil instrumentation.
Build your trading infrastructure on Pico
Talk to a Pico specialist about connectivity, colocation, market data, and managed services for your trading operations.
