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Screenshot of a breaking news alert e-mail from Q2 2017
ASIC licensed Retail FX education and brokerage firm ACY Capital has announced that it has undergone an integration of its service suite with Alibaba’s newly launched data center in Indonesia, enhancing the cloud-based trading engine, helping extend retail client and institutional clients within Indonesia.
The new integration will help allow ACY Capital’s clients to enjoy state-of-art execution environment within Indonesia, also allowing sophisticated traders to develop better cloud-base algorithmic trading within local data server.
ACY Capital Director Jimmy Ye explained at the launch of Alibaba’s Indonesia Cloud Services Conference:
The increase number of Indonesia traders has been in ACY’s focus for the last 12 months, and we are pleased to announce the new development of trading infrastructure within Indonesia, the additional service and technology ACY provide will remain free of charge, that also by saying all our spreads will be remain as low as 0.8pip for EUR and commission free.
On March 15th, ACY Capital attended the “Alibaba Cloud” launch event in Indonesia, now the first foreign cloud service provider in Indonesia.
The Alibaba Cloud data center will also feature a MaxCompute big data facility, allowing users to store and process large amounts of data.
Indonesia Communications and Information Minister Rudiantara said at the event that SMEs and start-ups had made significant progress in Indonesia in recent years in terms of cloud adaptation and enthusiasm for digital transformation.