Nasdaq expands Hong Kong presence with data centre connections
Hong Kong data centres allow for expanded service to Asia Pacific region
Nasdaq (Nasdaq: NDAQ) has announced that it is establishing connectivity to three data centres in Hong Kong to increase its service to the Asia Pacific (APAC) region through a Nasdaq Point of Presence (POP), helping to provide more efficient, cost-effective access to Nasdaq financial data in the region.
In July 2018, Nasdaq will begin to offer easy access to data from the US financial markets via POP services in the following Hong Kong data centres: HK1 Equinix, Mega-i, and HKEx. The Nasdaq POP is designed to enable firms to access market data and trading applications, as well as APAC financial web portals, with real-time US equity and index/ETF information from a local centre. This new, cost-effective service provides firms with low latency connectivity in a resilient and secure environment.
"Nasdaq prides itself on being the premier provider of cutting-edge products to the world's most forward-thinking investors," said Tomas Franczyk, a Hong Kong-based managing director for APAC with Nasdaq's Global Information Services. "With closer proximity to the centres that supply market data to investors, Nasdaq will be able to deliver faster service to Hong Kong, China, and the entire Asia Pacific region."
The new Nasdaq POPs make available quote and trade data for all US-listed equities via the industry-leading Nasdaq Basic product while also offering firms the benefit of utilizing Nasdaq Last Sale, which has the added benefit of unlimited distribution to the general investing public. It also makes available Nasdaq Global Index Services (GIDS), which disseminates real-time values for 40,000+ Nasdaq indexes, including such well known indexes as the Nasdaq 100, Nasdaq Composite, and Nasdaq Biotech.
Closer data centres means Asia Pacific investors will have more cost-effective access to products and services that provide transparency to financial markets. Individual investors will be empowered to achieve greater insights into these markets. Nasdaq continues to explore new ways it can better serve investors in the APAC region.
11 Jun 2018