Beeks Financial Cloud Expands Asian Footprint, Linking to SGX Datacentre

Financial markets infrastructure provider, Beeks Financial Cloud, has strengthened its connectivity once again. The group has added Singapore as it newest datacentre location, taking space within Singapore Exchange’s (SGX) own colocation facility. The effort will help Beeks expand its cloud and 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 in Asia.

The Asian market is one of the largest globally and is central to Beeks’ connectivity. Beeks Financial Cloud already has direct fiber connectivity to Tokyo, Hong Kong and London datacenters – the addition of a global hub such as Singapore will act as a new portal for customers seeking ultra-low latency connectivity options.

Gordon McArthur, CEO of Beeks Financial Cloud, commented: “We have been looking to expand our presence in Asian markets and I’m pleased to announce our collaboration with SGX as a means of achieving this. The funds raised by our IPO were aimed specifically at helping us to grow in Asia and therefore this is a step towards this goal.”

Indeed, Beeks’ growing ambitions in Asia are poised to take a leap with the new connectivity. Linking into the datacentre reflects Beeks’ first point of presence in Singapore, allowing for greater access to Asian markets. As one of Asia’s largest and most significant exchanges, SGX, Beeks’ space within SGX’s colocation facility will bestow its growing clients with access to a wide range of trading and market data – this includes equities, fixed income, and derivatives asset classes.

“The move will allow Beeks to better fulfil the requirements of our clients by offering a wider variety of locations and connectivity options, and to attract more clients looking for setup in this space,” explained Mr. McArthur.

“SGX’s colocation facility is the venue of choice for market participants looking to connect to Singapore’s fast growing financial trading community. We are pleased to welcome Beeks Financial Cloud to be part of this ecosystem and look forward to them providing more diverse connectivity and diverse solutions for the marketplace,” reiterated Ng Kin Yee, Head of Market Data & Connectivity at SGX.

The latest efforts follow on the heels of Beeks’ connectivity into the equities automated trading market by launching access to New York-based U.S. 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 IEX. The infrastructure of the company in the Equinix NY4 datacentre has since allowed clients of the connectivity and cloud hosting provider to source U.S. Equities data straight from the exchange.