Significant development for firms trading between European and Middle Eastern financial markets with APAC
29th September 2015 - London, UK - BSO Network Solutions (BSO), the global Ethernet network, cloud and hosting provider, has strengthened its position in the Asia-Pacific region with a new data centre location within Singapore Exchange (SGX) Co-Location. This improved low-latency access to ‘the leading gateway to Asia’ demonstrates BSO’s dedication to providing the global financial community with the network connectivity it needs to leverage high-growth emerging markets.
Michael Ourabah, CEO at BSO Network Solutions, said, “With about 40% of listed companies originating outside of Singapore and established trading links across Asia, Australasia and Europe, SGX is Asia’s most international exchange. Stable, secure access to SGX from Europe and the Middle East remains a critical consideration for global traders. Rapid growth is what makes emerging markets attractive to investors, so latency cannot be compromised either. This is why we are continuing to invest heavily in our global network - to enable us to fulfil the complex needs of our clients and to ensure they can deploy diverse trading portfolios that are truly global.”
Tinku Gupta, Head of Market Data & Access at SGX, said, “We welcome BSO to SGX Co-Location and to our list of partners offering a comprehensive suite of services. This ranges from global connectivity and market data, to order management systems and access to international trading venues. SGX Co-Location today houses a fully-fledged financial ecosystem, making it the venue of choice for the financial community to access Singapore and international markets.”
The new presence in SGX Co-Location is another significant milestone for BSO and enhances the company’s existing presence in Singapore at Equinix SG1. Connectivity between Equinix SG1 and SGX Co-Location has also been deployed, bringing the exchange location onto BSO’s core global network.
Furthermore, SGX’s addition to BSO’s Asia Pacific portfolio means the company now has 16 data centre locations in the region’s key financial hubs. This includes Singapore, Shanghai, Hong Kong, Tokyo, Mumbai, Sydney, Johannesburg, Dubai and North American cities, Los Angeles and San Jose. These Exchange locations include Australian Securities Exchange (ASX), Shanghai Futures Exchange (SHFE), Hong Kong Stock Exchange (HKEx), Bombay Stock Exchange of India (BSE), Japan Exchange Group (JPX) and Johannesburg Stock Exchange (JSE).
Latencies for connecting to/from SGX include:
· London - 167ms
· Frankfurt - 167.5ms
· Sydney - 89ms
· Dubai - 82ms
· Tokyo - 63.7ms
· Mumbai - 54.6ms
· Hong Kong - 29.7ms
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