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| Wednesday, 31 October 2012, 15:00 HKT/SGT | |
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Source: MarketPrizm | |
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SINGAPORE, Oct 31, 2012 - (ACN Newswire) - MarketPrizm, a leading provider of market data and low latency trading infrastructure services, has further expanded its mutualized co-location platform in Asia with the setup of low-latency infrastructure at the Singapore Exchange (SGX).
Investors around the world can now take advantage of MarketPrizm's proven ultra-high-speed data and managed trading solutions to improve connectivity performance and reduce trade execution speed. Users will also enjoy higher efficiency, as well as considerable cost savings under MarketPrizm's mutualized service model.
MarketPrizm's expanded presence in SGX's co-location centre will also enable users to access markets such as India and Japan through the SGX Nikkei 225 Index Futures and SGX S&P CNX Nifty Index Futures, and get direct market access as a managed service. Users can also access market data from other APAC markets via MarketPrizm's point-to-point connections.
"We are excited to be broadening our strategic footprint in Asia, which will enable our clients around the world to tap opportunities in the region as capital moves from West to East," said Tanuja Randery, CEO of MarketPrizm. "Many users will benefit directly from MarketPrizm's services, particularly those employing regional quant and arbitrage strategies."
Tinku Gupta, Head of Market Data and Access at SGX, said: "We welcome MarketPrizm on board in our co-location centre. We are delighted that industry players like MarketPrizm are able to leverage SGX's co-location services to help investors trade into Singapore and international markets."
The setup of MarketPrizm's co-location facility at SGX follows the roll-out of similar direct market access solutions at the Tokyo Stock Exchange last month.
About MarketPrizm
MarketPrizm brings together a compelling combination of industry, trading and technology expertise. MarketPrizm is dedicated to helping financial services firms better manage their infrastructure, trading and technology requirements. MarketPrizm offers a range of services which include raw and normalized market data delivered to clients on PrizmNet, the ultra fast and dedicated multi-venue connectivity infrastructure for the financial trading industry. Founded in 2009 by Instinet Holdings LLC, MarketPrizm was acquired by Colt Group S.A. in May 2011. For more information, please visit www.marketprizm.com .
For further information, please contact:
MarketPrizm
Helen Toft
Tel: +44 (0)7855301078
Email: helen.toft@colt.net
College Hill for MarketPrizm
Henry Chow
Tel: +852 3791 2289
Email: henry.chow@collegehill.com
Matthew Schultz
Tel: +852 3791 2032
Email: matthew.schultz@collegehill.com
Topic: New Service
Source: MarketPrizm
Sectors: Daily Finance, Daily News, Exchanges
http://www.acnnewswire.com
From the Asia Corporate News Network
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