LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Nasdaq (Nasdaq:NDAQ) has announced that it is establishing connectivity to three data centers in Hong Kong to increase its service to the Asia-Pacific (APAC) region through a Nasdaq Point of Presence (POP), helping to provide more efficient, cost-effective access to Nasdaq financial data in the region.
In July, Nasdaq will begin to offer easy access to data from the U.S. financial markets via POP services in the following Hong Kong data centers: HK1 Equinix, Mega-i, and HKEx. The Nasdaq POP is designed to enable firms to access market data and trading applications, as well as APAC financial web portals, with real-time U.S. equity and index/ETF information from a local center. This new, cost-effective service provides firms low latency connectivity in a resilient and secure environment.
Nasdaq prides itself on being the premier provider of cutting-edge products to the world’s most forward-thinking investors,” said Tomas Franczyk, a Hong Kong-based Managing Director for APAC with Nasdaq’s Global Information Services. “With closer proximity to the centers that supply market data to investors, Nasdaq will be able to deliver faster service to Hong Kong, China, and the entire Asia-Pacific region.
The new Nasdaq POPs make available quote and trade data for all U.S.-listed equities via the industry-leading Nasdaq Basic product while also offering firms the benefit of utilizing Nasdaq Last Sale, which has the added benefit of unlimited distribution to the general investing public. It also makes available Nasdaq Global Index Services (GIDS), which disseminates real-time values for 40,000+ Nasdaq indexes, including such well known indexes as the Nasdaq 100, Nasdaq Composite, and Nasdaq Biotech.
Closer data centers means Asia Pacific investors will have more cost-effective access to products and services that provide transparency to financial markets and empower individual investors to achieve greater insights into these markets. Nasdaq continues to explore new ways it can better serve investors in the important APAC region.