KVH Launches Tokyo to Singapore "JPX-SGX Co-Location Direct"

KVH, a leading Asian data-delivery provider whose products include data facilities and low latency fiber networks has announced the launch of “JPX-SGX Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this Term Direct.” Per the name, the offering is a new low latency direct connection between the Japan Exchange Group (JPX), which includes the Tokyo Stock and Osaka Securities Exchanges, and the Singapore Exchange (SGX). The rollout of the product is the result of a strategic alliance between the two exchanges that was signed in December 2014.

With JPX-SGX Co-Location Direct, KVH will be placing point of presence (POP) within each exchange's Data Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term. This will enable local traders to connect to the single point to access both of the financial markets via KVH’s low latency network.

The launch of JPX-SGX Co-Location Direct occurs as cross border Tokyo/Singapore trading has increased since the turn of the millennium, partially due to dropping fiber costs associated with trading instantly between the two financial markets. In addition, due to regulatory restrictions involved with entering the Japanese market, many financial firms have made Singapore their home, with the financial hub becoming the top Asian center for forex trading according to the Bank of International Settlements Triennial 2013 FX Survey. As a result, this has caused demand to increase between Japanese firms, electing to trade with the increasing group of market participants arriving in Singapore and vice versa.

Commenting on the product launch, KVH President and CEO Ted Higase stated in the firm’s public remarks, “Serving the capital markets is part of KVH’s DNA and has been a prime focus since our beginning.” Higase added, “We are honored to serve the mission-critical needs of trading participants between both Singapore and Tokyo and bring added value through our robust network and complementary services.”