The new Singapore-Japan express

by

30 January 2015

The Japan Exchange Group (JPX) and Singapore Exchange (SGX) will be launching a direct, low-latency international leased line between their respective colocation facilities from April.

The JPX-SGX Co-Location Direct will ride on NTT Com’s Asia Submarine Cable Express, which NTT says provides the shortest available cable route between Japan and Singapore. The service will connect directly to NTT Com’s network facilities on the SGX colocation floor. This will enable it to deliver the low-latency connectivity which traders require for high-frequency trading and related businesses, said NTT Com. “Increasingly complicated market structures and changes in financial regulations are compelling high-frequency and algorithmic traders to seek out ICT infrastructure offering the fastest connections to principal exchanges worldwide,” it added.

NTT Com’s recent certification by JPX as a Co-Location Support Vendor will enable the company to also offer JPX colocation services between JPX and SGX, including network equipment at both exchanges, “remote hands” agent service to perform maintenance on network facilities at the data centres, monitoring and bilingual helpdesks (phone and online) to centrally handle applications for all services.

The collaboration between JPX, SGX and NTT Com to connect the two exchanges’ colocation facilities is also expected to reduce the cost of end-to-end services and enable high-frequency and algorithmic traders to lower their costs of operation.