Quam joins CME Group’s Hong Kong hub

Quam Securities, the brokerage arm of Hong Kong-based financial services group Quam Limited, has registered with the Hong Kong telecommunications hub of Chicago Mercantile Exchange enabling it to access the CME Globex trading platform.

via Pocket http://www.hedgeweek.com/2013/07/23/187736/quam-joins-cme-group%E2%80%99s-hong-kong-hub July 27, 2013 at 03:43PM

In advance pf launches of QDII2 and RQDII, NTT Communications Sets New Industry Benchmark with HK’sFirst Financial Data Centre

In advance pf launches of QDII2 and RQDII, NTT Communications Sets New Industry Benchmark with HK’sFirst Financial Data Centre


NTT Communications Corporation strengthens Hong Kong SAR’s strategic claim as Asia’s pre-eminent financial market and ICT Hub with the unveiling of the new Hong Kong Financial Data Centre (FDC™). Leveraging the company’s wide, ultra-low latency networks and close proximity to the data centre operations of regional exchanges, the purpose-built data centre offers top-notch IT and network infrastructure to address the growing needs for industries like finance and cloud business with the most stringent requirements. The Tier IV* ready FDC offers 100% uptime service level and unrivalled security measures to protect the mission-critical data assets of enterprises.

Phase One of the FDC was opened with impressive prestige on 31 May 2013. Mr. Akira Arima, the President & CEO of NTT Communications and Mr. Takanobu Maeda, President & CEO, NTT Com Asia Limited officiated the grand opening ceremony and were joined by guests-of-honour:
* Ambassador Hitoshi Noda, Consul General, Consulate-General of Japan in Hong Kong
* Ms. Susie Ho Shuk-yee, JP, Permanent Secretary for Commerce and Economic Development (Communications and Technology)
* Mr. Charles Mok, a Member of the Legislative Council (IT Functional Constituency);

During the opening remarks, Ms. Ho said, “The Hong Kong Government is committed to promoting the development of high-tier data centres. Today the Tseung Kwan O Industrial Estate houses a cluster of 12 high-tier data centres, occupying a total of 20 hectares of land and the Hong Kong
Financial Data Centre of NTT is the latest addition to this impressive data centre family. These centres with stringent performance requirements provide valuable support to the business operations
and growth of both our local and international enterprises.”

The FDC comes online as Hong Kong’s finance industry is experiencing rapid changes and increasing demand for enhanced IT infrastructure. Hong Kong houses the sixth largest stock exchange in the world and capital inflow is also expected to see a meteoric rise with the launches of QDII2 and RQDII pilot scheme. Many regional financial services institutions (FSIs) are boosting their IT capabilities in preparation for increasing market opportunities. As a result, computer-driven trading is forecasted to comprise 58% for all equities trading in Singapore, Hong Kong, Japan, Australia and India this year.

“By building the FDC, we seized an important market opportunity to play an imperative role in providing a technology infrastructure that helps industry players address their business needs and support their alignment. The fact that 80% of Phase One has already been reserved not only illustrates that this is a decision well-made, it also offers testament to our commitment in building Hong Kong as an important financial and ICT hub,” said Mr. Maeda. Phase Two of the FDC is
expected to be completed in 2015.

Designed with state-of-the-art and green technology, the FDC offers essential infrastructure for FSIs in Hong Kong to strengthen their strategic positions in Asia and remain competitive. The new Tier IV
ready data centre boasts utmost redundancy with continuous cooling system, continuous rating generators and compartmentalized infrastructure design, providing the highest level of service
availability. The two phases has over 70,000 m2 of gross floor area and over 6,000 racks in total. In addition to its high capacity, the FDC is also equipped with an 8-tiered security access control, offering a strong value proposition for industry players who are most concerned about their data asset.

NYSE Technologies extends into Equinix IBX in Hong Kong & Tokyo

NYSE Technologies extends into Equinix IBX in Hong Kong & Tokyo


First Published 21st May 2013

NYSE Technologies now offers direct access to SFTI Access centres inside eight Equinix data centres

Singapore – NYSE Technologies, the commercial technology unit of NYSE Euronext, has extended its trading network into Equinix’s International Business Exchange data centres in Hong Kong and Tokyo.

The extension of NYSE Technologies’ Secure Financial Transaction Infrastructure (SFTI) will allow direct connection from Hong Kong and Tokyo to services offered by NYSE Technologies and access a range of financial markets, market data and post-trade services.

NYSE Technologies now offers direct access to SFTI Access centres inside eight Equinix data centres in seven key markets including New York, Chicago, Singapore, Frankfurt, London, Hong Kong and Tokyo.

Ian Jack, global head of infrastructure for the Secure Financial Transaction Infrastructure NYSE Technologies said: “We are very pleased to be extending the SFTI backbone into Equinix’s data centre in Hong Kong and providing direct metro access in Tokyo, both key financial hubs in Asia. Our SFTI Access centres in Equinix’s data centres in Hong Kong, Tokyo and Singapore allow customers to connect to regional and global exchanges and markets in a cost effective way through a single connection at each of their locations around the region.”

David Wilkinson, senior director, Financial Services, Equinix Asia-Pacific added: “With the deployment of NYSE Technologies’ SFTI Access centres in Hong Kong and connectivity in Tokyo our financial ecosystem becomes even stronger and more valuable for both new and current financial participants accessing financial markets. Our established ecosystem of financial participants also presents an immediate market opportunity to NYSE Technologies, further facilitating its penetration into Hong Kong and Tokyo.”


New SFC rules shift responsibility to intermediaries

The Hong Kong securities regulator has added new compliance and risk management rules for brokers and stricter standards for systems reliability and maintenance, in a report welcomed by the industry.

via Pocket http://thetradenews.com/news/Regions/Asia/New_SFC_rules_shift_responsibility_to_intermediaries.aspx March 29, 2013 at 10:42AM

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