25 May 2015

MarketPrizm agrees direct market access deal in Singapore

11 June 2014  |  1163 views  |  0 Source: MarketPrizm

MarketPrizm, a leading provider of market data and trading infrastructure services, today announced an agreement with CME Group to provide raw market data and order routing services at the Singapore Exchange (SGX).

MarketPrizm has expanded its presence to include an access point for CME Group order routing and market data. Hosted in the SGX co-location centre, this will enable customers to access CME Group raw market data and order routing and benefit from the opportunities its proximity brings. Using MarketPrizm's platform, Singapore and US-based customers interested in this market will now have quick, easy and cost-effective access to CME Group for derivatives trading.

Jay Hibbin, Commercial Director, MarketPrizm, said: "Our investments in Asia are designed to lower the barrier of entry for our clients by offering a flexible technology platform between market exchanges and end users. We are delighted to be the first company to provide a trading gateway within the SGX proximity trading facility for CME Group clients."

In 2012, MarketPrizm expanded its mutualised co-location platform in Asia with the setup of low-latency infrastructure at the Singapore Exchange (SGX) to give traders access to 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. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
Cash overtaken by non-cash payments in the...
7109 views comments | 48 tweets | 31 linkedin
UK opts out of European online payments se...
6373 views comments | 20 tweets | 15 linkedin
MasterCard launches personal payments serv...
6126 views comments | 15 tweets | 29 linkedin
US banks bid to crack down on 'card cracki...
5653 views comments | 8 tweets | 10 linkedin
Metro Bank to offer consumer loans via Zop...
4882 views comments | 29 tweets | 21 linkedin

Featured job

Basic £90-110K OTE circa £200K NO CEILING
London based with substantial travel in Scandinavia

Find your next job