Tata Communications has expanded its low latency network in Asia connecting major exchanges including National Stock Exchange of India (NSE), the Singapore Exchange Limited (SGX) and the Hong Kong Stock Exchange (HKEx).
The network extends the company’s global financial trading connectivity network. As a result, it will support mission critical, real-time trading applications by seamlessly connecting the exchanges with major financial capitals in Asia, the United Kingdom and the United States.
The low latency network also delivers better speed than traditional point-to-point systems. The pure Ethernet platform with native multipoint support enables financial trading businesses and other companies that require latency sensitive connectivity to respond faster in the dynamic Asian market.
The global network integrates exchanges with market leading low latency connectivity to Europe and beyond, enabling firms to reach major financial centers, such as in Chicago and London in milliseconds, through a single network and single supplier model.
The network expansion will enable these financial trading firms to execute faster transactions and receive immediate market updates, mitigating financial risks and becoming more participative in the global economy, Tata Communications said.
Tinku Gupta, head of Market Data & Access, Singapore Exchange, said, “Providers like Tata Communications complement our international reach and enhance connectivity options for customers connecting to SGX, the world’s biggest offshore market for Asian equity index derivatives.”
Jonathan Leung, vice president and head of Hosting Services, Hong Kong Stock Exchange, said, “Members of our ecosystem will be able to easily access Tata Communications’ services through a direct cross connect. Tata Communications’ network will further allow our members to connect directly to some of the major financial centers and cities in the world.”
Also read: Tata Communications in talks with Vodafone to exit from Neotel for $500 million
