Deutsche Borse Market Data & Analytics has selected a suite of proximity and ultra low-latency solutions, KVH Trading Avenue, for its new algorithmic news feed AlphaFlash in Tokyo.
This is the second Asia-Pacific location for offering AlphaFlash and enables both local and overseas traders to directly access this news feed from a complete hosting environment.
According to KVH, combining high-speed optical fiber networks with data centers located close to major domestic exchanges, KVH Trading Avenue offers the ideal managed environment for supporting algorithmic electronic trading with multiple exchanges from a single location.
Moreover, KVH Trading Avenue has now expanded its geographic reach to Hong Kong and Singapore and soon to Chicago via its own network points of presence, and to other key financial cities in Asia, the US and Europe via an optimized network consisting of multiple carriers.
Deutsche Borse head of front office data & analytics Georg Gross said that as Japan is home to a quickly developing algorithmic trading community, it is an important location for AlphaFlash’s expansion into the Asia-Pacific region.
"The KVH Trading Avenue will allow us to provide customers with fast, low-latency access to our algo news feed," Gross said.
KVH was established in Tokyo in 1999 by Fidelity Investments as a Japan focused IT/communications service provider.