While we've written extensively about the Singapore Exchange's launch of SGX Reach, it's new trading platform, I'd like to take this opportunity to draw your attention to a Q&A we conducted with the exchange's CIO, Bob Caisley.
Caisley told BST that, "the SGX has a stated aim of providing an order response time of sub-90 microseconds door-to-door," and that its customers "will not be disappointed."
There's no reason not to believe Caisley, and so the next question to ask is: How long will it take for local market participants to upgrade their infrastructure and by so doing provide a critical mass of low-latency traders to the region, and more foreign players and investment?
As stated before, it will take some time for these changes to come about, but over the next year this will be one of the more interesting stories to follow, as Singapore continues to emerge as one of the most advanced emerging markets from a technology and business perspective.
Until next Friday, enjoy this second-to-last weekend of August.
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails