Holger Wohlenberg, Deutsche Börse
"This is a further proof of the attractiveness of our fully resilient and low latency network services."
Deutsche Börse, Eurex and Bombay Stock Exchange (BSE) have further extended their strategic cooperation offering connectivity services of Deutsche Börse to certain overseas market participants.
As of Q2 2015, participants of BSE will be able to use Deutsche Börse's N7 network services to connect to BSE back-ends in India via the respective Deutsche Börse Access Points (data centers) in the two major financial centers Hong Kong and Singapore.
This direct service offering by Deutsche Börse to market participants will allow them to connect their trade-execution systems to BSE's fully regulated offering covering equities, derivatives and currency markets. Currently, the two Access Points are mainly used by Eurex members.
"We are pleased that Deutsche Börse is offering its N7 low latency network to our members and investors. This service will enhance infrastructure services available to BSE members and investors. The use of N7 will bring Indian markets closer to larger customers abroad and attract more capital for Indian capital markets," commented Ashishkumar Chauhan, MD & CEO of BSE.
"We are delighted to provide access for customers of our partner BSE as a further client of our global low latency network services," said Holger Wohlenberg, managing director Market Data & Services, Deutsche Börse AG. "This is a further proof of the attractiveness of our fully resilient and low latency network services."
"Through this further cooperation initiative, market participants based in Hong Kong and Singapore can rely on the same stable and high-performance network infrastructure we have established for our market participants trading at Eurex Exchange," added Tom Bendixen, senior vice president, Eurex, and member of the BSE board.