Deutsche Bank's Autobahn Equity business, within its Global Markets division, announced today that it will participate in the Australian Securities Exchange's (ASX) co-location service program.
Under the program, recently made available by the ASX, Deutsche Bank will place electronic trading equipment at the ASX data center in Sydney, Australia. The co-location will enable high speed data delivery to clients, and minimize latency to the Australian equity market.
"Direct market access to Australia is becoming increasingly popular, and co-location will serve clients seeking fast access to this attractive market," said Rob Flatley, Managing Director and Global Head of Autobahn Equity at Deutsche Bank.
Deutsche Bank provides industry leading high frequency trading and equity finance to clients in over 70 global markets. For two years running, Deutsche Bank has ranked #1 by hedge funds in the Global Custodian survey of prime brokerage providers.