TNS Establishes Connectivity to SGX Co-Location Data Centre

Jul 19 2011

Transaction Network Services (NYSE:TNS) has been approved by Singapore Exchange (SGX) as one of its network service providers offering connectivity to the SGX’s Co-Location Service.

Participants can choose TNS’ Secure Trading Extranet to electronically access SGX’s co-location centre to route orders and access market data rapidly and securely. They can also receive real time information from SGX’s Securities Market Direct Feed, SGX Derivatives Quote, SGX News and others, as well as access to TNS’ trading community.

John Owens, TNS’ Vice President of Exchanges & ECNs, said: “The Asian market continues to evolve at a rapid rate, and TNS’ growing presence in this region is evidence of our capabilities in connecting global markets. SGX has put itself in a fantastic position to service its customers’ demand for a highly-available, cost-effective and reliable service, while at the same time offering increased trading opportunities between SGX members and the greater TNS financial community.”

TNS’ Secure Trading Extranet will also enable SGX’s member firms to access TNS’ 1,700 community endpoints, representing buy-side and sell-side institutions, market data and software vendors, exchanges and alternative trading venues, via more than 115 points of presence.  

Dominic Lim, Vice President, Head of Market Access at SGX said: “We are delighted to have TNS as part of our community of network service providers offering connectivity to our Co-Location facility.  As a leading provider of network services, TNS will be able to offer SGX’s Co-Location customers seamless access to their trading infrastructure in our data centre.”

For more information about TNS visit www.tnsfinancial.com.

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