Object Trading Links into ASX’s Data Center for Colocation Needs
- Object Trading has selected the ASX for its connectivity needs in a bid to fortify its managed software and client gateways capabilities.
Object Trading, a provider of a multi-asset trading infrastructure, has expanded its Direct Market Access Service Platform by collocating its network to the Australian Securities Exchange’s (ASX) data center, according to an ASX statement.
Object Trading has opted to select the ASX for its connectivity and colocation needs in a bid to fortify its managed software and client gateways capabilities, therefore tapping into the ASX’s Australian 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). The ALC is unique to the Australian financial market in that it’s the only entity to provide a full range of access to the ASX’s comprehensive suite of 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 and information services.
Object Trading’s decision to collocate to the ALC will also allow the group to augment the availability of its services to the ALC’s broader community, which is already on the uptick in Australia. The connectivity or similar arrangements represent a symbiotic relationship between the ASX and the Australian and New Zealand investment community, given the extant nature of ASX Net Global, the ASX’s growing financial markets network.
According to Gerry Turner, Executive Director, Object Trading, in a recent statement on the collocation: “We have been proud vendors of connectivity to ASX since 2001, and are further pleased to expand our award-winning, managed service platform into the ALC. Now we bring both buy-side and sell-side firms from around the world to the doorstep of Australia’s primary markets.”
“Clients already on the platform can access Australia’s markets on-demand, without the need for up-front investments in co-location space and trading infrastructure. Services on the new co-location platform will be available to Object Trading customers at the end of October 2015,” he added.
Earlier this month, the ASX unveiled a new office in Hong Kong, strengthening the group’s presence in the region in an attempt to capture additional growth and a deeper customer base. ASX’s new office opened on October 1 in the heart of Hong Kong’s financial district – ASX’s Asian Business Development Manager, James Keeley, heads the office.
Object Trading, a provider of a multi-asset trading infrastructure, has expanded its Direct Market Access Service Platform by collocating its network to the Australian Securities Exchange’s (ASX) data center, according to an ASX statement.
Object Trading has opted to select the ASX for its connectivity and colocation needs in a bid to fortify its managed software and client gateways capabilities, therefore tapping into the ASX’s Australian 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). The ALC is unique to the Australian financial market in that it’s the only entity to provide a full range of access to the ASX’s comprehensive suite of 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 and information services.
Object Trading’s decision to collocate to the ALC will also allow the group to augment the availability of its services to the ALC’s broader community, which is already on the uptick in Australia. The connectivity or similar arrangements represent a symbiotic relationship between the ASX and the Australian and New Zealand investment community, given the extant nature of ASX Net Global, the ASX’s growing financial markets network.
According to Gerry Turner, Executive Director, Object Trading, in a recent statement on the collocation: “We have been proud vendors of connectivity to ASX since 2001, and are further pleased to expand our award-winning, managed service platform into the ALC. Now we bring both buy-side and sell-side firms from around the world to the doorstep of Australia’s primary markets.”
“Clients already on the platform can access Australia’s markets on-demand, without the need for up-front investments in co-location space and trading infrastructure. Services on the new co-location platform will be available to Object Trading customers at the end of October 2015,” he added.
Earlier this month, the ASX unveiled a new office in Hong Kong, strengthening the group’s presence in the region in an attempt to capture additional growth and a deeper customer base. ASX’s new office opened on October 1 in the heart of Hong Kong’s financial district – ASX’s Asian Business Development Manager, James Keeley, heads the office.