EDGE 2015 is starting in

Find out more EDGE 2015
Menu
Telstra launches low latency service from ASX Australian Liquidity Centre

Telstra launches low latency service from ASX Australian Liquidity Centre

Telstra will provide connectivity to financial centres around the world

Telstra is set co-locate at Australia’s only purpose-built financial markets data centre, the ASX Australian Liquidity Centre.

As a customer of the ASX, Telstra will provide global financial services organisations with fast and reliable connectivity to other major financial centres. Telstra’s global head of financial services market segment, Matthew Lempriere, said that the new Point of Presence at the ALC would help address customer demands for enhanced market data and low latency solutions when accessing the Australian marketplace. “Financial institutions are increasingly facing diverse challenges relating to speed, resilience and integrity of data," he said.

"At the same time they are looking for higher bandwidth and reliable low latency connectivity, to drive agility and flexibility in existing and emerging markets."

ASX general manager, trading services, David Raper, said the ASX’s rich and diverse community continued to expand, with the ALC now home to over 100 financial markets customers. “The ALC has become the heart of Australia’s financial market and we are delighted that Telstra has extended its global platform directly into centre of the Australian financial community," he said.

"This arrangement demonstrates that there is a growing demand for international low latency connectivity to the ASX.

"This is good news for Australia and its financial market participants.” Telstra’s new low latency connectivity is backed up by comprehensive service level agreements, while low round trip delay makes it a safer option for businesses operating globally or in diverse geographies, according to a company statement. The service is highly scalable and can easily handle rapidly changing bandwidth demands, which are characteristic of low latency financial trading and cloud-based services. Lempriere said Telstra's service also offered customers single point accountability and responsibility, as well as access to diagnostics capabilities, and built on the momentum of previous PoP placements in both the Singapore Exchange and Hong Kong Stock Exchange in 2013. “This new PoP at the ALC combined with Telstra's award-winning network, means we are well positioned to provide a consistent service experience and a one-stop-shop for our customers' low latency global connectivity needs," he said. “It will also enable our customers to mitigate risks and scale quickly to meet changing business and bandwidth demands, whilst taking advantage of growth opportunities in the Asia Pacific region."

Read more: Telstra links ASX and SGX with low-latency connectivity

EDGE 2015:: For all the latest on EDGE 2015 including the keynote speakers visit the EDGE mini-site now

Follow Us

Join the ARN newsletter!

Error: Please check your email address.

Tags Hong Kong stock exchangeASX Australian Liquidity CentreASX general managerMatthew LempriereSingapore Exchangetrading servicesTelstra’s global head of financial services market segmentDavid Raper

Upcoming

Slideshows

In Pictures: 7 things we hate about Twitter

In Pictures: 7 things we hate about Twitter

You probably either love Twitter for its quirkiness and brevity or see it as a pointless waste of time. After nearly a decade on the social scene, Twitter still needs to improve its user experience and fill in notable gaps in the service. These seven problems are long overdue for a fix.

In Pictures: 7 things we hate about Twitter
IN PICTURES: EDGE 2015 - Sponsor Briefing

IN PICTURES: EDGE 2015 - Sponsor Briefing

With EDGE 2015 rapidly approaching, ARN and Reseller News NZ held a Sponsors Briefing where ARN publisher and president, Susan Searle, and Events Manager, Alexandra West, ran through the considerable logistics in detail. Attendees then enjoyed some splendid canapes and drinks. EDGE is designed to bring the A/NZ channel together in a collaborative and educational environment. Themed around channel channel leadership, EDGE will be held at the Sheraton Mirage, Port Douglas, July 20-23. Photos by MIKE GEE.

IN PICTURES: EDGE 2015 - Sponsor Briefing
In Pictures: Robots that cook, clean, sing and dance

In Pictures: Robots that cook, clean, sing and dance

Cooking, learning language and doing the laundry are a few of the human skills demonstrated by.real humanoid bots featured in the National Geographic movie Robots.

In Pictures: Robots that cook, clean, sing and dance

iasset.com is a channel management ecosystem that automates all major aspects of the entire sales, marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

Show Comments