SGX Links Chicago And London To Asia Using BT
Singapore Exchange (SGX) and BT today jointly announced that SGX will use BT Radianz services to provide access and connectivity for its new hubs in Chicago and London. SGX is the first Asian exchange with hubs in the U.S. and Europe, a move intended to bring its markets closer to international investors.
Mr Muthukrishnan Ramaswami, president of SGX, said: “The hubs – beginning in London and Chicago – plus the connectivity alliances we are building with other exchanges and partners will deliver unparalleled access into Asia for international investors. We are delighted that BT will play an integral part in our connectivity initiative,”
From July 2012, SGX customers in London and Chicago will be offered a cost-effective and managed connectivity service linking them to Singapore. This will allow them to access the world’s biggest offshore market for Asian equity futures at SGX by simply connecting to BT Radianz at a local, third-party data centre.
Mr Tom Regent, president, global banking & financial markets and sales & marketing, BT Global Services, said: “Through these hubs, global investors will be able to access the many opportunities offered by Asia’s fast growth. That includes the 15,000 members of our BT Radianz network, the world’s largest secure online financial services community. We are pleased that SGX, Asia’s leading derivatives market, has chosen BT Radianz services to provide this link for participants in Chicago and London.”