– Unprecedented connection between financial markets in Japan and
Singapore enables high-frequency traders to save costs and increase
competitiveness –
Company Website:
http://www.ntt.com/
TOKYO -- (Business Wire)
NTT Communications Corporation (NTT Com), the ICT solutions and
international communications business within the NTT Group (NYSE: NTT),
announced today that it has agreed with the Japan Exchange Group (JPX)
and the Singapore Exchange (SGX) to launch of JPX-SGX Co-Location
Direct, the telecom industry’s lowest-latency service for international
leased lines that directly connect the colocation facilities of JPX and
SGX. The service will start from April 2015.
The unprecedented service will be realized with NTT Com’s own Asia
Submarine Cable Express (ASE), which provides the shortest cable route
available between Japan and Singapore, as well as the company’s strong
working relationships with both JPX and SGX.
JPX-SGX Co-Location Direct will provide cost savings as well as
unmatched low-latency connectivity, enabling traders to strengthen their
competitiveness in high-frequency trading and related business.
Increasingly complicated market structures and changes in financial
regulations are compelling high-frequency and algorithmic traders to
seek out ICT infrastructure offering the fastest connections to
principal exchanges worldwide.
Diagram: Image of the service
http://www.ntt.com/aboutus_e/news/data/images/Diagram.png
High-quality, high-reliability network
As the operator of
ASE, NTT Com will offer industry-leading low latency between its
datacenters in Japan and Singapore. Furthermore, so no local telecom
will be required because NTT Com has network facilities on the SGX
colocation floor to ensure the fastest and most secure service possible.
One-stop services for co-location and operation
NTT Com’s
recent certification by JPX as a Co-Location Support Vendor will enable
the company to offer not just connectivity but total JPX colocation
services between JPX and SGX, including network equipment at both
exchanges, “remote hands” agent service to perform maintenance on
customer’s network facilities at the datacenters, monitoring and
bilingual helpdesks (phone and online) to centrally handle applications
for all services.
Collaboration with JPX and SGX for cost savings
Collaboration
between JPX, SGX and NTT Com to connect the two exchanges’ colocation
facilities will enable NTT Com to provide reduced-cost end-to-end
services that enable high-frequency and algorithmic traders to lower
their costs of operation.
According to Mr. Ryusuke Yokoyama, an executive officer of the Tokyo
Stock Exchange, Inc., “JPX and NTT Com have a well-established
relationship as partners supporting Japanese market infrastructure with
the necessary network and datacenters. We sincerely appreciate that
investors will benefit from enhanced connections between JPX and foreign
exchanges through NTT Com’s robust resources, including low-latency
global cable networks, datacenters that are in proximity of foreign
exchanges and offer connectivity to multiple markets, and strong local
working relationships in markets worldwide. We have great expectations
for NTT Com as our partner to help us realize increased customer
satisfaction.”
NTT Com has been providing solutions for one-stop, super-low-latency
connections between JPX and North American and Asian locations since
April 2013, working in collaboration with arrownet-Global, a service
that directly connects the “JPX colocation (all)” service and foreign
exchanges. JPX colocation (all), which is offered and operated by JPX,
provides direct connection to JPX trading services (application is
required). Also, in addition to the ASE, NTT Com operates the
low-latency PC-1 cable and datacenters including the Nexcenter in
Serangoon, Singapore, the Financial Data Center in Hong Kong and other
locations near major exchanges to provide unmatched support for trading
businesses throughout Asia.
Contacts:
Media Contacts
NTT Communications Corporation
(Mr.)
Fujiwara, (Ms.) Oishi, (Mr.) Todoroki
Tel. +81 3 6733 7055
The
Third Sales Division
Financial Sales Group
Mail JPX-sales@ntt.com
or
NTT
Singapore Pte. Ltd.
(Ms.) Angie Lim
Mail angie.lim@ntt.com
Source: NTT Communications Corporation
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