Fully deployed access infrastructure facilitating efficient global access to the JPX markets
Tokyo, Dec 17, 2014 - (ACN Newswire) - MarketPrizm, a leading provider of market data and trading infrastructure services, has been awarded "extranet connectivity" status by the Japan Exchange Group (JPX). This enables MarketPrizm to connect customers to the arrownet-Global Extranet via the JPX colocation facilities, opening up Japan's markets to the global trading community.
Richard Man, Head of Sales, Asia Pacific, MarketPrizm, said: "In today's competitive marketplace, investors are always looking for better ways to access new markets and optimise their trading infrastructure performance. With MarketPrizm's new JPX Extranet status, we can help global market participants more easily access JPX's arrownet-Global platform. Our customers will benefit from faster time to market and lower costs as they take advantage of our new connectivity services and the colocation services we already have in place in JPX."
MarketPrizm's JPX Extranet status will allow MarketPrizm customers to efficiently connect to the JPX Colocation (all) area. This will benefit users of co-location who are looking to remotely connect to the trading infrastructure they have already located in JPX, as well as users outside co-location looking for an efficient way to access the JPX markets.
This development complements MarketPrizm's ongoing investment to make the Japanese markets more accessible for participants within Japan and in international financial centres such as Singapore, Hong Kong, Europe and the United States. Customers can also take advantage of MarketPrizm's co-location, ultra-low latency network solutions and raw and normalised data, which continue to be fully compatible with new enhancements being rolled out by JPX.
"I am very pleased to be announcing MarketPrizm's arrownet-Global Extranet status," said Ryusuke Yokoyama, Executive Officer at Tokyo Stock Exchange, Inc. "Working with MarketPrizm will allow JPX to improve accessibility for foreign investors wanting to trade on the Japanese market and to improve JPX market liquidity. We expect this move to increase interest among overseas investors."
About MarketPrizm
MarketPrizm brings together a compelling combination of industry, trading and technology expertise. MarketPrizm is dedicated to helping financial services firms better manage their infrastructure, trading and technology requirements. MarketPrizm offers a range of services which include raw and normalized market data delivered to clients on PrizmNet, the ultra fast and dedicated multi-venue connectivity infrastructure for the financial trading industry. MarketPrizm was acquired by Colt Group S.A. in May 2011. For more information, please visit www.marketprizm.com.
About Japan Exchange Group (JPX)
Japan Exchange Group, Inc., one of the leading exchange groups in the world, is a holding company established on January 1, 2013 as a result of a business combination between Tokyo Stock Exchange, the largest stock exchange in the Asia-Pacific region, and Osaka Exchange, a major derivatives exchange. JPX listed its stock on TSE on January 4 of the same year. The TSE stock market reached approximately USD 4.5 trillion in market capitalization (JPY 478 trillion) as of the end of December 2013 while OSE provides markets for major Japanese derivatives such as Nikkei 225 futures, TOPIX futures, and JGB futures.
(Note) OSE stands for Osaka Exchange.
For further information contact:
Kristel JarvisMarketPrizmTel +44 (0)7039 2794kristel.jarvis@colt.net
Henry ChowInstinctif Partners Tel: +852 3791 2289Henry.chow@instinctif.com
Source: MarketPrizm
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