The first Asian segments of MarketPrizm’s global ultra low latency data distribution infrastructure are now live. Customers can use MarketPrizm’s ultra low latency network, PrizmNet Asia, to connect to markets in Tokyo (TSE and Chi-X Japan), Australia (ASX and Chi-X Australia) and Singapore (SGX).
MarketPrizm’s local and cross-border networks, coupled with its extensive co-location and hosting services at the Exchange or proximity facilities, enables onshore and offshore financial institutions to deploy their trading infrastructure as close to the market as possible. MarketPrizm’s ethos is to provide customers with solutions that meet the requirements for low latency, speed to market, low cost without compromising on quality and state of the art technology.
Customers will have access to the full range of services provided by MarketPrizm including exchange access, raw and normalised data, co-location and hosting at any exchange as well as being able to cross connect to any broker.
The second phase of the rollout of PrizmNet Asia will cover additional markets in Japan (SBI and OSE), followed by Korea, Hong Kong and India.
Tanuja Randery, Chief Executive Officer, MarketPrizm, says: “We are responding to our customers’ demands with the expansion of PrizmNet to cover key exchanges in Japan, Australia and Singapore. We are now working on the next stage of the roll-out, to include countries such as India and Hong Kong and expect this to launch later this year.”