Gerry Turner, Object Trading
"Now we bring both buy-side and sell-side firms from around the world to the doorstep of Australia's primary markets."
London and Sydney - The Australian Securities Exchange (ASX) and Object Trading have announced that Object Trading will be expanding its Direct Market Access Service Platform by co-locating its managed software, client gateways and connectivity network in the Australian Liquidity Centre (ALC), ASX's data centre.
Gerry Turner, executive director, Object Trading, said: "We have been proud vendors of connectivity to ASX since 2001, and are further pleased to expand our award-winning, managed service platform into the ALC. Now we bring both buy-side and sell-side firms from around the world to the doorstep of Australia's primary markets."
David Raper, executive general manager, Trading Services at ASX, said: "ASX is pleased to welcome Object Trading into the financial market community in the ALC. The technology and global network connectivity Object Trading is providing creates business opportunities and synergies for all those within the ALC community.
"ASX is setting the pace for providing a choice of flexible and cost-effective connectivity options for co-location, as well as access from international distributed locations over ASX's fully managed network, ASX Net Global. We are delivering the highest levels of performance and security, while enabling clients to simplify their network architectures and reduce cost and complexity.
"We are pleased that industry leaders like Object Trading are able to leverage ASX's co-location services at the ALC to broaden their strategic footprint in this region and help investors trade into the Australian and New Zealand markets."