SGX launches SGX Co-Location Service

Co-Location customers will experience connectivity speeds of at least 250 times faser than conventional access methods in Singapore.

According to SGX, SGX Data Centre serves as the launch pad for SGX Co-Location.

SGX Co-Location service will be the connection of choice to SGX Reach, offering response times of less than 90 microseconds.

Mr Gan Seow Ann, President at SGX said, “SGX Co-Location Service is a key part of our $250 million Reach technology initiative to deliver the fastest access to the world’s most exciting economies. Customers can expect a trading environment with even greater market liquidity and velocity, thereby strengthening Singapore’s position as the gateway to Asia.”

Since the initial take-up of SGX Co-Location in June 2010, over 50 market participants, including brokers, proprietary trading firms, funds and software vendors, have subscribed to the service and 30% more space has been allocated to cater to growing demand.