APEX is an Approved Exchange in Singapore, which lists derivative contracts. The company said the partnership will provide APEX customers with added infrastructure solutions helping futures traders gain faster access to international markets via BSO’s global network.
The company said the improved low-latency access to APAC builds on BSO’s presence in the Asia Pacific region connecting local and international trading firms, hedge funds and asset managers to the Singapore Exchange (SGX), Japan Exchange Group (JPX) and the Hong Kong Exchange (HKEX).
“Singapore is fast becoming the leading international hub for global commodity trading as well as a regional hub for FX trading,” said Michael Ourabah, CEO of BSO.
“This partnership with APEX is an important one as we expand our reach in Asia, helping international traders access this growing market from anywhere in the world.
“With BSO, businesses no longer need to choose between global reach or low-latency any more than they should have to choose between the best technology or the best service, bespoke solutions or out-of-the-box products.”
The addition of APEX is set to strengthen BSO’s established position in the Asian market and demonstrates the company’s commitment to improve and extend low-latency connectivity to heads of trading and infrastructure across banks and derivatives brokers.
Fenggang Cao, Head of Global Markets & Strategy, APEX said, “The global financial community relies on fast, secure connectivity and access to high-growth emerging markets.
“Our partnership with BSO means we can offer our customers exactly that. With more than 240 data centres all over the world and a heritage in underserved geographies, BSO is able to help our customers reach emerging markets and hard-to-access regions without compromising on the blistering network speeds that are critical for success.”
BSO is headquartered in Ireland but has 12 offices around the world including: London, New York, Paris, Dubai, Hong Kong and Singapore.