CME Group Considers The Importance Of Asian Market – Signs Up Five Corporate Clients To Hong Kong Hub
Monday,22/07/2013|06:52GMTby
Andrew Saks McLeod
In a move to attract further traders from the Asia-Pacific region to its venue, CME Group announced yesterday that it has signed up five corporations to its Hong Kong telecommunications hub.
US Based derivatives marketplace CME Group yesterday confirmed that five corporate entities have registered for and are now using the firm’s Hong Kong telecommunications Hub in order to provide point-to-point Connectivity to the CME Globex platform.
From Infancy To Fruition
CME Group commenced use of this particular hub in October last year, subsequently garnering interest from five large firms in the region wishing to gain point-to-point access to the executing venue.
In this case, CME Group has a commercial interest in expanding its presence in Asia, a region which the firm considers to be a key market.
The five firms which have signed up are large institutional organizations with established operations in the Asia-Pacific region. CASH Financial Services Group, QUAM Securities, Singaporean brokerage Philip Futures, and R.J. O'Brien & Associates HK Limited are all on board. CME Group publicly confirmed yesterday that four of these firms had gone live during May.
Point To Point connections represent a popular solution for reducing latency when the market participants are based in a different region to the executing venue. TMX Atrium in Canada supports this line of thinking and has been concentrating on expanding its point to point connections between Moscow and London during the earlier part of this year, for which there has been high demand.
CME Group realizes the importance of this means of connecting clients to venues effectively, and certainly in the Far East where there is a considerable amount of high-volume, high speed algorithmic trading it is a means of keeping the latency down and providing stern access to the venue.
The company already has an established series of point to point hubs across various regions including Hong Kong, Kuala Lumpur, London, Mexico City, Milan, New York, Paris, Sao Paulo, Seoul, Singapore and Tokyo.
Strategic Initiative
Yesterday, Julien Le Noble, Managing Director of CME Group’s Asia Pacific division stated on behalf of the firm:"The launch of our hub in Hong Kong underpins our strategy of expanding in one of the most important markets for us in Asia, and is a signal of our commitment to our clients in Asia.”
"We are pleased to offer our customers a flexible, cost-effective and high-performance connection to CME Group in this fast-growing region. By connecting to this telecommunications hub in Hong Kong, clients in North Asia will have improved access, reduced connectivity costs, and lowest latency connection to CME Globex” concluded Mr. Le Noble.
One of CME Group's core strategic objectives is the expansion of its business activities in the Asia Pacific region. Within Asia, CME Group currently has a total of 35 clients connected to its hubs across Hong Kong, Kuala Lumpur, Seoul and Singapore. For Q1 2013, CME Group posted record trading volume and revenue from Asia, up 24 per cent and 31 per cent respectively, compared with Q1 2012.
US Based derivatives marketplace CME Group yesterday confirmed that five corporate entities have registered for and are now using the firm’s Hong Kong telecommunications Hub in order to provide point-to-point Connectivity to the CME Globex platform.
From Infancy To Fruition
CME Group commenced use of this particular hub in October last year, subsequently garnering interest from five large firms in the region wishing to gain point-to-point access to the executing venue.
In this case, CME Group has a commercial interest in expanding its presence in Asia, a region which the firm considers to be a key market.
The five firms which have signed up are large institutional organizations with established operations in the Asia-Pacific region. CASH Financial Services Group, QUAM Securities, Singaporean brokerage Philip Futures, and R.J. O'Brien & Associates HK Limited are all on board. CME Group publicly confirmed yesterday that four of these firms had gone live during May.
Point To Point connections represent a popular solution for reducing latency when the market participants are based in a different region to the executing venue. TMX Atrium in Canada supports this line of thinking and has been concentrating on expanding its point to point connections between Moscow and London during the earlier part of this year, for which there has been high demand.
CME Group realizes the importance of this means of connecting clients to venues effectively, and certainly in the Far East where there is a considerable amount of high-volume, high speed algorithmic trading it is a means of keeping the latency down and providing stern access to the venue.
The company already has an established series of point to point hubs across various regions including Hong Kong, Kuala Lumpur, London, Mexico City, Milan, New York, Paris, Sao Paulo, Seoul, Singapore and Tokyo.
Strategic Initiative
Yesterday, Julien Le Noble, Managing Director of CME Group’s Asia Pacific division stated on behalf of the firm:"The launch of our hub in Hong Kong underpins our strategy of expanding in one of the most important markets for us in Asia, and is a signal of our commitment to our clients in Asia.”
"We are pleased to offer our customers a flexible, cost-effective and high-performance connection to CME Group in this fast-growing region. By connecting to this telecommunications hub in Hong Kong, clients in North Asia will have improved access, reduced connectivity costs, and lowest latency connection to CME Globex” concluded Mr. Le Noble.
One of CME Group's core strategic objectives is the expansion of its business activities in the Asia Pacific region. Within Asia, CME Group currently has a total of 35 clients connected to its hubs across Hong Kong, Kuala Lumpur, Seoul and Singapore. For Q1 2013, CME Group posted record trading volume and revenue from Asia, up 24 per cent and 31 per cent respectively, compared with Q1 2012.
One Day to US Election: Corporate CFOs Face Increased FX Risks as Dollar Strengthens
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24