Opening Cross: Going Loco for Co-Lo

max-bowie
Max Bowie, Inside Market Data

Whenever companies agree a merger, they generally continue in “business as usual” mode until the deal is finished. In the case of the Singapore Exchange and the Australian Securities Exchange, whose merger plans were scuppered by Australia’s government, both were clearly doing exactly that, as demonstrated by our stories this week about each exchange’s new co-location centers.

One thing the stories highlight is how similar the organizations are in their approach to co-location—albeit, with ASX

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