Friday, June 15, 2012

SGX Links Chicago and London Hubs to Asia

Starting next month, Singapore Exchange (SGX) will be providing connectivity for its customers in Chicago and London, allowing them access to the world’s biggest offshore market for Asian equity futures.
The exchange said it will use the connectivity service of British Telecommunications’ BT Radianz. Investors from Chicago and London will be linked to Singapore by simply connecting to BT Radianz at a local, third-party data centre.
SGX is the first Asian exchange with hubs in the US and Europe, a move intended to bring its markets closer to international investors.
“The hubs – beginning in London and Chicago – plus the connectivity alliances we are building with other exchanges and partners will deliver unparalleled access into Asia for international investors. We are delighted that BT will play an integral part in our connectivity initiative,” said Muthukrishnan Ramaswami, president of SGX.
BT Radianz has about 15,000 members in its network. It is considered the world’s largest secure online financial services community.

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