ASX to Offer Enhanced Global Network Connectivity

The ASX Group, parent company of the Australian Securities Exchange, has announced the expansion of global connectivity to the ASX through the launch of ASX Net Global. ASX Net Global is a low latency global network that connects the ASX’s Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Centre (ALC) with the Asia (SGX Singapore), Europe (Interxion London) and North America (Equinix Chicago). ASX Net Global will be powered by BT Radianz Venue Interconnect, a leading low latency network connection of global financial centers. The goal is of the launch is to offer international traders a low latency, cost effective means of connecting to ASX pricing and liquidity, while providing ASX Members a link to foreign financial exchanges.

ASX to offer enhanced global network connectivity ASX will expand its global network connectivity through the launch of ASX Net Global, a cost-effective, low latency network for global customers to connect to the ASX and ASX 24 trading platforms and to the full range of services located in the ASX Australian Liquidity Centre (ALC). ASX Net Global links the ALC with the financial communities located in Asia (SGX Singapore), Europe (Interxion London) and North America (Equinix Chicago). This enhanced service will provide a leading connectivity solution for international customers wanting to trade on ASX markets and access the growing Australian financial community located in the ALC. The service also supports ALC customers wanting to connect into the international financial communities at the offshore hub sites. ASX Net Global is powered by BT Radianz Venue Interconnect, which is specifically designed to provide financial market users with ‘best-in-breed technology and low site-to-site latency’ between financial centres. In addition, the BT Radianz Cloud can provide easy connectivity into ASX Net Global for ASX customers. ASX Net Global offers enhancements to the ASX 24 (futures market) international network by significantly reducing latency. Existing ASX 24 international network customers will be progressively migrated to ASX Net Global during the first half of 2013. David Raper, ASX’s General Manager, Trading Services said: “The launch of ASX Net Global allows ASX to offer enhanced connectivity to the investment opportunities and services available to both our existing clients in the ALC and to members of the global financial services community who are attracted to the Australian market. “By using BT Radianz Services, ASX Net Global will provide a simple, quick and cost-effective service for international customers to connect to ASX, and for customers in the ASX Australian Liquidity Centre to connect to peer communities in the world’s leading financial centres.” The ALC is positioned at the centre of Australia’s financial markets, housing and connecting a broad community of users including financial market firms, trading engines, Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term venues, market data vendors, network providers, and trading technology vendors in one place.