Thomson Reuters Expands Services Suite to SGX
- Users will now have direct access to trading applications in the SGX Co-Location site as well as a comprehensive market data feed.
Thomson Reuters has unveiled the launch of its market data services suite at the Singapore Exchange’s (SGX) Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this TermData Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term, according to an SGX statement.
The move by Thomson Reuters represents an attempt to undercut the cost of ownership for local financial firms, whereby providing them with heightened performance and expanded content. The decision to choose SGX makes sense for a number of reasons, including the propensity of financial firms in Singapore opting to integrate with new markets and trading venues. Conversely, local financial firms operating in Singapore routinely suffer from small infrastructure footprints, which necessitates more cost-sensitive measures.
As a result of the new services suite by Thomson Reuters and more specifically its Elektron Managed Services offering, users will now have direct access to trading applications in the SGX Co-Location site as well as a comprehensive market data feed. market data to help power applications and inform their trading strategies.
According to Paras Sidapara, Global Head of Managed Services, Financial & Risk, Thomson Reuters in a recent statement on the launch, “Elektron Managed Services gives customers the ability to scale their businesses rapidly and access low-latency data and services while lowering the typical costs of deploying and managing equivalent solutions in-house.”
“By offering real-time market data direct to customers inside the SGX data centre, they have access to the breadth of content needed to make informed trading decisions in a cost-effective and highly flexible way. The launch is a continuation of our efforts to support our customers’ growth strategies throughout the Asia Pacific region,” he added.
“We welcome the addition of Thomson Reuters new Elektron Real Time consolidated market data feed to the suite of offerings and services at SGX Co-Location data centre. The introduction of the service will enrich and diversify the global market data options available for clients who are co-located with SGX,” noted Tinku Gupta, Head of Market Data & Access at SGX in an accompanying statement.
Thomson Reuters has unveiled the launch of its market data services suite at the Singapore Exchange’s (SGX) Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this TermData Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term, according to an SGX statement.
The move by Thomson Reuters represents an attempt to undercut the cost of ownership for local financial firms, whereby providing them with heightened performance and expanded content. The decision to choose SGX makes sense for a number of reasons, including the propensity of financial firms in Singapore opting to integrate with new markets and trading venues. Conversely, local financial firms operating in Singapore routinely suffer from small infrastructure footprints, which necessitates more cost-sensitive measures.
As a result of the new services suite by Thomson Reuters and more specifically its Elektron Managed Services offering, users will now have direct access to trading applications in the SGX Co-Location site as well as a comprehensive market data feed. market data to help power applications and inform their trading strategies.
According to Paras Sidapara, Global Head of Managed Services, Financial & Risk, Thomson Reuters in a recent statement on the launch, “Elektron Managed Services gives customers the ability to scale their businesses rapidly and access low-latency data and services while lowering the typical costs of deploying and managing equivalent solutions in-house.”
“By offering real-time market data direct to customers inside the SGX data centre, they have access to the breadth of content needed to make informed trading decisions in a cost-effective and highly flexible way. The launch is a continuation of our efforts to support our customers’ growth strategies throughout the Asia Pacific region,” he added.
“We welcome the addition of Thomson Reuters new Elektron Real Time consolidated market data feed to the suite of offerings and services at SGX Co-Location data centre. The introduction of the service will enrich and diversify the global market data options available for clients who are co-located with SGX,” noted Tinku Gupta, Head of Market Data & Access at SGX in an accompanying statement.