SINGAPORE - The Singapore Exchange (SGX) and Japan Exchange Group (JPX) will launch the JPX-SGX co-location direct service, commencing in April.
This follows a letter of intent signed between SGX and JPX last December.
The service will offer straight-through international network connectivity between JPX and SGX co-location data centres.
Global customers will be able to enjoy greater cost efficiencies and low latency market access to both trading venues via this service, with KVH and NTT Communications as the appointed carriers.
Global investors can also continue to manage their risks efficiently and tap on new opportunities by taking advantage of the mutually listed derivatives products and services offered by JPX and SGX.
Japan Exchange Group CEO Atsushi Saito said: "We are very pleased that the LOI that we signed last December towards a cooperative relationship with SGX has quickly borne fruit."
SGX CEO Magnus Böcker said: "We will continue to work closely with our partner to enhance the infrastructure and to support our customers in their business expansion in mutual markets and beyond."