Low cost access to a high-speed link to the Exchange via shared or dedicated fibre lines.
Beeks is excited to launch a joint venture with the Singapore Stock Exchange (SGX), Asia’s international, multi-asset exchange, operating securities, fixed income and derivatives markets to the highest regulatory standards.
This exciting new venture provides low cost access to the SGX Exchange via a high-speed link over a choice of shared or dedicated fibre lines, eliminating the need for a physical presence in the data centre and the associated upfront costs procuring and managing hardware that it typically entails.
This venture also allows Beeks to provide direct connectivity from Equinix SG1 into SGX, connecting customers between both locations within the Beeks infrastructure via private dark fibre.
“Singapore is a key global trading hub and we have received substantial demand from our institutional clients to expand low latency trading solutions. Growth throughout APAC is a key part of our growth strategy and I’m pleased our joint venture with SGX is another step to achieving this”, said Gordon McArthur, CEO at Beeks. “This partnership will allow Beeks to better fulfil the requirements of our customers by offering a wider variety of connectivity options, and to attract more financial enterprises looking for cost effective trading infrastructure in this geography”.
Beeks already has Tier-1 rackspace within the SGX state-of-the-art colocation facility since June 2018, offering low-latency, virtual private server and bare metal dedicated server for high speed access to SGX markets. The data centre connects Beeks Tokyo, Hong Kong and London locations directly, providing the ability for ultra-low latency trading between the locations.
In addition to providing cloud services and access to market data for clients wishing to carry out automated trading in assets on the Singapore Exchange, Beeks can now provide direct access to the SGX Test Environment and SGX REACH as well as Titan Matching Engines, by way of ultra-low latency connectivity.
With sub 1ms latencies it’s an ultra-fast cross connect and cost-effective solution for those looking for swift and reliable connectivity to Singapore.
The Beeks SGX and SG1 IaaS solutions provides rapid time to market and reduces sizeable barriers to entry, while providing best-in-class resiliency and security. By utilising both Virtual Private Server (VPS) and Bare Metal Server solutions, Beeks provides entry level access to both UAT and Production environments either directly in SGX, or by connecting privately from the Beeks infrastructure in Equinix SG1.
In addition to securing this joint venture with the Singapore Exchange SGX, Beeks is committed to increasing their presence in Asia Pacific (APAC) with further data centres. As well as Singapore, Beeks is currently live in Hong Kong, Tokyo and Sydney, allowing customers a variety of trading opportunities across both OTC and Exchange based markets in the APAC region.
The Beeks infrastructure comprises a growing network of data centres that allow direct, secure access to key financial hubs and exchange locations in the global market. Beeks help customers understand their ROI both quickly and economically by adopting a fully OPEX based model that permits full testing of trading strategies prior to production, without typical contractual restraints.
About SGX
Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income, currency and commodity markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.
With over 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the globe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.
SGX Co-Location offers the fastest access to SGX trading platforms and provides hosting services in a secure, reliable and robust environment.
Housed in one of Singapore’s most advanced data centres and designed to meet the rigorous demands of global financial institutions, Co-Location service offers an opportunity to place customer systems in the same data centre as SGX’s mission-critical trading and market data engines.
Beeks Financial Cloud, with Tier-1 rackspace in SGX Co-Location can offer you low-latency, virtual private server and bare metal dedicated server for high speed access to SGX markets..
Visit www.sgx.com for more information.
