Stockhouse
20 May 2008
Singapore Exchange (SGX) will become the first Asian exchange to offer sub-millisecond access to its trading platform.
SGX combined with Singapore Telecommunications (SingTel) to provide traders with ultra low latency access to its derivatives and securities markets.
The new service, SGX Proximity Hosting Services, allows the exchanges members and their customers access to its trading engines more than four times faster than the current rate. SGX will introduce this service in response to demand from a growing segment of algorithmic and proprietary traders who are beginning to establish strong presence in Asia, the exchange said.
>>>> More
