Singapore Exchange (SGX) offers cloud-enabled, ultra-low latency connectivity
Published 4 March 2021
The Singapore Exchange (SGX) has partnered with UK financial technology services company Options to provide ultra-low latency (ULL) connectivity for market data operations.
Options has added their ULL Managed Colocation services to SGX’s Tier 1 colocation data center site. This means that financial institutions in Singapore now have access to both order entry and market data across all available SGX asset classes.
Jun Ashida, Options’ Managing Director for APAC, said that the company has worked closely with the Monetary Authority of Singapore (MAS) to ensure that clients and partners meet all relevant regulatory standards and are pleased to have successfully onboarded some of the leading asset managers, systematic quant funds, and banks in the region.
“Our connectivity to brokers within the SGX colocation space allows the ultimate flexibility to our buy-side clients to ensure best execution, whilst allowing sell-side clients the opportunity to run an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper,” he continued.
Options currently has over 40 colocation sites worldwide, enabling firms to deploy the most latency-sensitive trading strategies across all major liquidity venues worldwide.
This development also needs to be seen as the latest enhancement to Option’s managed services offering, which is available at 40 key trading venues across Europe, North America, South America, South Africa, Asia and Australia.
Options facilitates trading at hundreds of venues worldwide with fully managed colocation services available alongside the firm’s fully cloud-agnostic application management solution, combining hosting with rapid time to market, TCO reduction, best-in-class resiliency and security, and connectivity to enterprise public cloud solutions such as AWS, Azure, or hybrid cloud environments.
With over 40 colocation sites worldwide, including order entry access, connectivity to 400 native market data feeds and consolidated, normalised feeds from a variety of leading market data vendors, it enables firms to deploy the most latency-sensitive trading strategies across all major liquidity venues globally.
Market connectivity is available by colocating directly at the exchange source for ultra-low latency applications and out of region with the flexibility to connect to away market venues from any of the 40 data centre locations available on the Options global financial network.