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Telstra launches low-latency service for traders

08 Aug 2014
00:00
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Telstra has launched low-latency connectivity services for financial services organizations connecting to Australia.

The Australian operator has signed on as a customer of the Australian Securities Exchange (ASX), arranging to co-locate at Australia’s only purpose-built financial markets data center, the ASX Australian Liquidity Centre (ALC).

In a statement, Telstra said the new ALC PoP will allow it to address customer demands for enhanced market data and low latency solutions to the Australian marketplace.

The company has already used its presence at the ALC to launch a low-latency service between the facility and CME Group's Aurora data center.

Matthew Lempriere, Telstra’s global head of financial services market segment, said that the new PoP at CME Group’s data center will help the company address customer needs from around the world.

“This new PoP combined with Telstra's award-winning network, means we are well positioned to provide a consistent service experience and a one-stop-shop for our customers' low latency global connectivity needs,” he said.

Telstra has been named an approved carrier of the CME Group’s co-location facility.

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