Dow Jones Sees Opportunity in Asia-Pac

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Last week, Dow Jones opened up its first co-location facility in the Asia-Pacific marketplace. The Hong Kong-based center will capture economic data from the region and process the data through its Elementized News Feed for member firms in the region looking to algorithmically trade off of news events, according to sibling publication Inside Market Data. Dow Jones already has one foreign-exchange (FX) focused firm signed on to test the feed.

BST spoke with Rob Passarella, vice president and mana