Australian Securities Exchange and Singapore Exchange sign partnership to enhance market connectivity
The Australian Securities Exchange and Singapore Exchange will establish a presence in each other’s co-location data center to enhance customer connectivity to their markets. From September 2012, SGX’s co-location data center in Singapore will host the ASX hub, providing direct connectivity to the ASX 24 futures market based at the ASX Australian Liquidity Centre in Sydney. This will allow customers in the SGX co-location data center to connect more easily to ASX 24, resulting in an expected increase in the flow of futures market activity into Australia. The next stage of the partnership will allow customers in the ASX Australian Liquidity Centre to directly connect via the ASX global network to SGX.