Nyse Technologies expands connectivity services in Japan

Source: Nyse Technologies

Nyse Technologies, the commercial technology division of Nyse Euronext (NYX), today announced the further expansion of its connectivity services in Japan via the Japan Exchange's (JPX) co-location facility.

The service will be available from May 2013 and consequently, NYSE Technologies will cover the widest range of Japanese connectivity solutions.

By taking co-location space at JPX, it will enable NYSE Technologies to offer a managed infrastructure solution to facilitate certain needs of the buy-side and sell-side. Trading and market data services, which will support the industry's low-latency infrastructure, will also be made available in a neutral and cost efficient manner. NYSE Technologies' managed infrastructure solution is an additional service to the Tokyo Liquidity Center provided via the Secure Financial Transaction Infrastructure (SFTI(R)) that opened in 2012. For market participants, NYSE Technologies will provide a diverse range of comprehensive service options for accessing the Japanese markets.

Daniel Burgin, Head of Asia Pacific, NYSE Technologies said: "NYSE Technologies' commitment to the new JPX co-location space, in addition to the existing Tokyo Liquidity Center, represents the next step in the execution of our managed services and global community strategy. With professional service level agreements in place, it will offer institutional buy-side customers access to co-located trading and market data infrastructure services in the Japanese markets. Simultaneously, we will offer sell-side participants a cost efficient hosting of infrastructure, client-on boarding, testing and market data replay services."

In addition to JPX's own direct access solutions, the Exchange's co-location facility will provide low latency to the Tokyo Stock Exchange's cash and derivatives markets. NYSE Technologies' offering will include network devices and servers on demand, combined with low latency trading and market data solutions addressing customer requirements. All the existing services offered through the SFTI(R) will be available through the new co-location facility.

Furthermore, customers will also have the ability to run applications from a wide range of NYSE Technologies' product sets, from market data to order routing products, which will be fully managed by the business. As a professional service provider, customers will also have the choice of running any vendor's application within NYSE Technologies' environment, which will be managed by the customers themselves. 

Comments: (0)