MarketPrizm expands market access in Asia by joining SGX co-location facility

In the continued trend to increase the speed and efficiency of global trading abilities by market participants, MarketPrizm announced that it has expanded its mutualized co-location platform in Asia with the setup of low-latency infrastructure at the Singapore Exchange (SGX).

MarketPrizm is a provider of market data and low latency trading infrastructure services to market centers and buy/sell side clients globally.

According to the company’s release, MarketPrizm’s presence in SGX’s co-location centre will give traders access to markets such as India and Japan through the SGX Nikkei 225Index Futures and SGX S&P CNX Nifty Index Futures, and get direct market access as a managed service. Traders can access market data from other APAC markets via MarketPrizm’s point-to-point connections.

“We are excited to be broadening our strategic footprint in Asia, which will enable our clients around the world to tap opportunities in the region as capital moves from West to East,” said Tanuja Randery, CEO of MarketPrizm. “Many users will benefit directly from MarketPrizm’s services, particularly those employing regional quant and arbitrage strategies.”

Tinku Gupta, Head of Market Data and Access at SGX, said: “We welcome MarketPrizm on board in our co-location centre. We are delighted that industry players like MarketPrizm are able to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term SGX’s co-location services to help investors trade into Singapore and international markets.”

The setup of MarketPrizm’s co-location facility at SGX follows the recent implementation of direct market access solutions at the Tokyo Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term.