SGX, TNS together enhance colocation options, market access for traders

KUALA LUMPUR, May 28 -- Singapore Exchange (SGX) and Transaction Network Services (TNS) are working together to expand the range of hosting, colocation and connectivity options available to traders wishing to access SGX’s derivatives and securities markets.

According to a statement, TNS can now offer its full suite of services, including TNS Layer 1 raw market data and order routing, from a new Managed Hosting presence within the Tier 1 area of SGX’s data centre.

Housed in one of Singapore’s most advanced data centres, SGX’s Co-Location service provides multiple tiers of hosting services to cater to diverse requirements.

It offers superior levels of bandwidth and capacity for seamless transfer of data and boasts a round trip network latency of less than 100 microseconds.

“We’re excited to be expanding our relationship with SGX and taking space at the SGX Colocation Data Center,” said TNS’ Financial Markets business Senior Director of Product Management, Jeff Mezger.

“SGX has been a popular endpoint within our financial community of interest for many years, and it’s a significant step to be able to help customers benefit further by offering our low latency access to the SGX trading and matching engines via our new Managed Hosting presence.

“With TNS Layer 1 now available in Singapore, customers have access to an ultra-low latency connection that delivers at speeds between five to 85 nanoseconds.

“We believe TNS delivers the fastest and most comprehensive connectivity solutions for customers in the SGX colocation facility.”

TNS’ local teams in the country, combined with its global operations resources, enable it to find and coordinate resources easily, procure facilities and hardware, and take care of project management, system installation, testing and commissioning requirements.

-- BERNAMA