SGX and Eurex to Link Datacenters
Singapore Exchange (SGX) and Eurex have announced plans to link their co-location datacenters, in order to facilitate easier market access for clients.
Eurex will relocate its access point in Singapore to SGX's datacenter as a part of the agreement, which will be implemented in mid-2012. Execution systems can be connected to either datacenter, although trade matching will still be performed at the participant's home exchange. Eurex will act as a network service provider to SGX clients in return.
"We are pleased to partner with Eurex to grow our distribution network," says Gan Seow Ann, president at SGX. "As part of our strategy to reach out to global liquidity pools, this collaboration will offer enhanced market access to SGX, thus further establishing ourselves as the Asian gateway."
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