Published On: Sun, Aug 11th, 2013

MarketPrizm Adds HKEx to Global Co-location Infrastructure

Tanuja Randery, CEO of MarketPrizm

Tanuja Randery, CEO of MarketPrizm

MarketPrizm, a leading provider of market data and trading infrastructure services, has further expanded its Asia-Pacific mutualised DMA platform with the setup of ultra-low latency data services and other technology services at Hong Kong Exchanges and Clearing’s (HKEx) Hosting Data Centre (HDC). It aligns strategically with the launch of HKEx’s Orion Central Gateway (OCG) and Orion Market Data (OMD), which gives participants faster access to their trading platform and market data services.

By co-locating within HKEx’s HDC, sell and buy-side clients, located in Hong Kong and globally, can access MarketPrizm’s high performance and cost- effective DMA solutions, including PrizmData – low latency market data in raw and normalised format, as well as managed infrastructure and integration to partner OMS systems. Clients will also enjoy faster access to HKEx market data systems for the cash and derivatives markets, as well as low latency international market data services, when they are located at the HDC via direct cross connect and low latency network connectivity provided by MarketPrizm.

Tanuja Randery, Chief Executive Officer of MarketPrizm, said: “Hong Kong is a vital part of any global trading infrastructure. We are seeing a high level of demand from our clients in EMEA, as well as in Asia, looking to access Hong Kong, Singapore and Mainland ETFs and derivative products, as well as future commodities products arising from HKEx’s acquisition of the London Metal Exchange.”

“The HKEx Orion programme is a suite of technology initiatives aimed at incrementally transforming the HKEx markets. We have created an environment within our Tier-4 Data Centre where participants can operate in an efficient ecosystem. We are pleased to have MarketPrizm as a member of our Hosting Services ecosystem,” said Richard Leung, Co-Head of IT with HKEx.

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