ABN – Telstra has launched a low latency network between Australia’s ASX and the Singapore Exchange (SGX).
Customer demand in both markets was the driving force behind the investment, which builds on existing services that Telstra introduced last year in Chicago, Hong Kong and London.
Telstra’s new low latency optical link between Sydney and Perth made the new Singapore rout possible.
Matthew Lempriere, Telstra’s Global Head of Financial Services Market Segment, said: “Today, millisecond improvements in network speed can be what it takes to get the edge over the competition.
“This new connection is highly scalable and easily handles fast-changing bandwidth demands, common among low latency financial trading.
“We believe this new route between these two financial hubs will become a one-stop shop for our customers' low latency global connectivity needs, enabling an estimated 91.5 millisecond round trip delay from Sydney to Singapore.
“As a result, it will also drive participation across Singapore and Australia by a larger number of global trading firms, who are seeking the next generation of growth opportunities and looking to capitalise on trading opportunities between these marketplaces."