Published On: Fri, Dec 7th, 2012

ASX Welcomes CIMB to The Australian Liquidity Centre

David Raper, ASX General Manager

David Raper, ASX General Manager

The Australian Securities Exchange (ASX), the leading securities exchange in Australia and a subsidiary of the ASX Group, and CIMB Securities (Australia) Ltd, (CIMB) a subsidiary of the CIMB Group, announced December 7 that the ASX Australian Liquidity Centre (ALC) will be CIMB’s primary data centre.

The ALC is a purpose-built, state-of-the-art data centre designed to meet the demands of financial markets participants and service providers. The ALC caters for both the low latency and general data centre needs of all financial markets’ customers.

David Raper, ASX General Manager, Trade Execution and Information Services, said: “ASX commends CIMB’s decision to choose the ALC as their primary data centre and warmly welcome them into the expanding financial market community in the ALC”.

Randolf Clinton, Head of Equities for CIMB Securities (Australia) Ltd said: “Australia is a new country for the ASEAN based CIMB Group, (the largest Asia Pacific ex Japan based investment bank), and we see this as a tremendous opportunity to bring our Asian clients into Australia. Co-locating at the ASX ALC
ensures our trading infrastructure is at the closest proximity to the matching engine thereby ensuring our clients get fast access and best execution on ASX”.

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