RTS Expands Operations in Hong Kong with Platform Equinix
Already live, the deployment in Equinix’s Hong Kong IBX data center will serve as RTS’ third gateway from and to trading communities in the APAC region. It will be linked to RTS’ global network, which already provides proximity hosting and direct market access (DMA) to more than 65 exchanges globally.
RTS’ clients use the RTS network for high-speed, low latency access to multiple asset classes in fully managed environments. With access to the rich financial ecosystem inside Equinix’s data centers, RTS’ clients can be located in proximity to major exchanges across the globe, while improving risk management and decreasing costs. In Hong Kong, clients will be able to directly access the Hong Kong Mercantile Exchange (HKMEx).
Andy Woodhouse, RTS managing director, Asia Pacific, said: “This deployment is yet another exciting development in our rapid rise in Asia Pacific. Hong Kong is strategically important for our growth plans. It is the main gateway into and out of China and a major financial hub. Physical connectivity is key, and through the deployment in Equinix’s data center in Hong Kong, we are able to facilitate trading on both the HKMEx and the HongKong Exchange, but more importantly on markets all over the world.”
David Wilkinson, senior director, financial services for Equinix, said: “We are thrilled to further extend our relationship with RTS and help facilitate the company’s growth in the Asia Pacific region. RTS’ continual expansion with Equinix is a strong testimony to our unparalleled global footprint, covering all 16 of the financial centers in the world and best-in-class connectivity, reliability and security. With more and more global traders flocking to colocate in Asia Pacific, Hong Kong, like Singapore and Tokyo, is expected to catch up with Frankfurt as the place to be for automated traders in the next three years.RTS’ presence with Equinix in Hong Kong provides the necessary connectivity infrastructure to minimize latency and enable the fastest access to markets, which supports RTS’ high-frequency and robust algorithmic trading solutions.”
Asia has become an engine forwealth creation and growth. In the past three years, five of the fastest growing economies were in Asia including China, Korea, India, Indonesia andAustralia. The International Monetary Fund (IMF) forecasts that developing Asia will continue to act as the global growth generator in 2012 to 2013, persistently growing at five to six percent annually on average1. Given its global footprint and consistent service level, Equinix allows RTS to quickly and easily expand to take advantage of business opportunities in the region. RTS will also gain direct access to Equinix’s growing digital ecosystems of financial services participants and cloud, network and content providers using Platform Equinix.