MarketPrizm Expanding Exchange Focus, Colocates With Tokyo’s AP3 Data Center

MarketPrizm, a subsidiary of Colt Technology Solutions and provider of market data and trading infrastructure services, has expanded a core component of its business to Tokyo’s colocation 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, according to a MarketPrizm statement.

Over the past year, a number of financial service providers, brokers, and technology venues have opted to integrate with several colocation centers in such hubs as London, Tokyo, or New York. As a result of the move by MarketPrizm however, the group is aiming to tap into all Japan Exchange Group (JPX) trading environments for its managed services. Many firms opt to expand to advanced colocation centers for cost-effective low latency connectivity, given a critical mass of markets isolated in specific hubs.

The connectivity will also bolster and cross-integrate MarketPrizm’s PrizmNet service, a global financial extranet solution launched this year that helps enable and facilitate quick and streamlined latency connectivity to worldwide markets.

Overall, the expansion will position MarketPrizm to synchronize its exchanges via Access Point 3 (AP3) in Tokyo, which allows connectivity to a plethora of global trading venues such as Chicago Mercantile Exchange (CME), Hong Kong Exchange and Clearing, Singapore Exchange (SGX), and Australian Securities Exchange (ASX), among others.

According to John Loveland, Director at MarketPrizm, in a recent statement on the integration: “Local and international firms that require access to the Japanese markets and beyond are looking for a cost-effective and flexible colocation solution to support their trading strategies.”

“MarketPrizm offers a complete service portfolio that includes managed Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term services, market data and ultra-low latency connectivity. This means firms can focus on their trading strategy without concern for the underlying infrastructure,” he added.