Connectivity and market data provider MarketPrizm has gone live with a new trading infrastructure service – PrizmNet Asia – in Japan, Australia and Singapore.
Users can now connect to markets in Tokyo, including the Tokyo Stock Exchange (TSE) and Chi-X Japan, Australia, including the Australian Securities Exchange and Chi-X Australia, and Singapore’s SGX.
MarketPrizm’s local and cross-border networks and its co-location and hosting services at trading venues or proximity facilities are intended to enable onshore and offshore financial institutions to deploy their trading infrastructure as close to the market as possible.
Users will gain from exchange access, raw and normalised data, co-location and hosting at any exchange as well as being able to cross-connect to any broker. The second phase of the rollout of PrizmNet Asia will cover additional venues in Japan (SBI Japannext and the Osaka Securities Exchange), followed by markets in Korea, Hong Kong and India.
“We are now working on the next stage of the roll-out, to include countries such as India and Hong Kong and expect this to launch later this year,” said Tanuja Randery, CEO, MarketPrizm.