SGX and Eurex prep market access linkage

Source: Singapore Exchange

Singapore Exchange (SGX) and Eurex will offer market access to their customers with their data center linkage available from January 2013.

SGX and Eurex announced in March 2012 a partnership to deliver enhanced market access and cost efficiencies to members of both exchanges by linking their co-location centers.

Eurex members hosted in SGX's co-location data center can now directly connect to the Eurex access point hosted at SGX. Likewise, SGX customers in Eurex's and Deutsche Börse's co-location and throughout Europe can use Deutsche Börse's high performance network to access SGX's Derivatives Market and real-time market data feeds via ExServes SGX Connectivity.

With the link, customers of each exchange can more easily and cost-effectively access both markets by connecting their trading systems to either the SGX or Eurex and Deutsche Börse co-location data centers. Trade matching will still be executed at the respective home exchanges.

"We welcome this cooperation as it extends our reach in Europe and offers our clients another efficient connectivity option to the European markets," says Tinku Gupta, Head of Market Data & Access, SGX.

"We are pleased to now be able to offer our customers this convenient and cost efficient new connectivity option, broadening our footprint in a dynamic growth region", says Matthias Kluber, Executive Vice President at Deutsche Börse AG. 

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