MarketPrizm Moves Into SGX

Trading infrastructure provider MarketPrizm has expanded its mutualized co-location platform in Asia with the setup of low-latency infrastructure at the Singapore Exchange (SGX).

The expanded presence in SGX's co-location center will enable users to access markets such as India and Japan through the SGX Nikkei 225 Index Futures and SGX S&P CNX Nifty Index Futures, and get direct market access (DMA) as a managed service. Users can also access market data from other Asia-Pacific markets via MarketPrizm's point-to-point connections.

"We are excited to be broadening our strategic footprint in Asia, which will enable our clients around the world to tap opportunities in the region as capital moves from West to East," says Tanuja Randery, CEO of MarketPrizm. "Many users will benefit directly from MarketPrizm's services, particularly those employing regional quant and arbitrage strategies."

The setup of MarketPrizm's co-location facility at SGX follows the roll-out of similar DMA solutions at the Tokyo Stock Exchange (TSE) last month.