Published On: Sat, Jan 25th, 2014

ASX welcomes ACTIV Financial to The Australian Liquidity Centre

David Raper, ASX General Manager, Trading Services

David Raper, ASX General Manager, Trading Services

The Australian Securities Exchange (ASX) announced 22 January that ACTIV Financial, a global provider of real-time, multi-asset financial market data, will colocate at the ASX Australian Liquidity Centre (ALC) for low-latency access to ASX data.

ACTIV will move from processing ASX data in Singapore to processing the data directly in the ALC, which is located near the Sydney CBD. This will significantly reduce latency in ACTIV’s consolidated feed and improve data quality for its clients seeking deeper insight into the Australian markets.

Through this arrangement, ACTIV clients will also have the ability to upgrade to the latest generation of exchange products, including the ASX ITCH and ITCH 24 feeds. ASX ITCH and ITCH 24 are premium ultra-low latency protocols for accessing ASX market information.

Frank Piasecki, ACTIV Financial’s president, said: “There is a growing population of traders in the region looking for higher performance data, so this expansion will serve that market need well.

“Recently, ACTIV launched a new market data platform and expanded into more than 10 new Asian markets, including Bursa Malaysia, Indonesia Stock Exchange, Philippine Stock Exchange, Stock Exchange of Thailand and Thailand Futures Exchange.

“By co-locating at the ALC, we are investing in the global backbone of our network to ensure our customers outside the region have access to the highest quality data. The ALC allows us to serve customers that want normalized hosted services, access to local markets and the ability to collect regional data.”

David Raper, General Manager of ASX Trading Services, said: “The ALC has become the heart of Australia’s financial market and we are delighted that ACTIV Financial has extended its global platform directly into our centre. This arrangement demonstrates that there is a growing demand for lowest latency ASX data globally.

“The addition of ACTIV to the ALC financial community is significant and will provide ACTIV’s local and international market participants

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