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ASX decreases international network latency with Net Global

The Australian Securities Exchange (ASX) has rolled out a networking solution called ASX Net Global which is designed to improve latency when international customers trade on the local stock exchange.

Net Global links the Australian Liquidity Centre (ALC) in Sydney with SGX Singapore, Interxion London and Equinix Chicago. The service will also support ALC customers who want to connect with these sites in Asia, the United Kingdom and the United States.

Developed by BT Radianz Venue Interconnect, Net Global will provide users with low site-to-site latency between financial centres.

In addition, the ASX 24 futures market international trading platform is now connected to Net Global. According to ASX trading services general manager David Raper, existing ASX 24 international customers will be progressively migrated to the service during the first half of 2013.

Follow Hamish Barwick on Twitter: @HamishBarwick

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