A fully managed connection to TNS’s secure trading extranet will enable Singapore Stock Exchange’s (SGX) global customers to receive market data both in securities and derivatives markets, and allow seamless connectivity for major financial institutions based outside the country’s boundaries. To date, access to SGX’s market data has been limited to a few major network providers and direct connections from its customers.
The connection to TNS’s secure trading extranet will allow SGX’s members and customers’ great choice, more cost effective connectivity and rapid speed to market, all within a fully managed environment.
Lai Leong, VP, head of data services at SGX said: Our overseas customers demand low latency and high speed connectivity to SGX to meet market data and trading requirements. Having TNS as one of our international network providers is in line with our business objective to provide faster inbound electronic access to the marketplace. It also gives SGX and its market participants an additional avenue to extend market data distribution and transaction services outside Asia.
Coupled with the impending launch of SGX new derivatives market data engine, we are poised to offer international customers a state-of-the-art, high capacity market data system with superior performance benchmarks and very low latency international connectivity.
