Allows foreign investors to directly assess TSE systems via ultra-low latency global connectivity
(Hong Kong – 11 April 2013) –- Tokyo Stock Exchange (TSE) partners with NTT Communications Corporation to launch its arrownet-Global network service in Hong Kong. Leveraging NTT Communications’ Ethernet Leased Line service and ultra-low latency cable systems, including the Asia Submarine Cable Express (ASE), the new connectivity offering will enable global financial service institutions in Hong Kong to directly access JPX Co-location (all), the new co-location service of Japan Exchange (JPX), and TSE’s systems for the first time.
arrownet is a highly reliable low latency network service offered by TSE since 2009 for financial service institutions to connect with its trading and information systems and also co-location racks in Tokyo. With the availability of arrownet-Global, overseas financial institutions can now directly connect to JPX Co-location (all) and TSE’s system, thereby strengthening the exchange’s value proposition while broadening its investor pool.
NTT Communications’ long-term relationship with TSE, wide network infrastructure and established track record are key reasons for its selection by TSE as the exchange’s first partner in launching arrownet-Global. In addition, the availability of this service over the ultra-low latency ASE that bypasses major seismic locations offers additional assurance in meeting the demand for reliable services.
Mr. Yoshinori Suzuki, Senior Managing Director of Tokyo Stock Exchange commented, “arrownet-Global enables the global investors in Asia and across the world to access the JPX market from outside of Japan more easily and effectively by realizing a seamless connection with arrownet via NTT Communications’ wide global coverage. I hope that straightforward access to the JPX market will strengthen the value of TSE’s IT infrastructure and boost the liquidity of the JPX market, so that JPX can achieve its corporate aim to become ‘the Most Preferred Exchange in the Asian Region’.”
NTT Communications provides end-to-end network solution with its Ethernet Leased Line service, which connects the clients’ systems in Hong Kong all the way through to JPX Co-location and TSE’s system in Tokyo. Clients will be able to enjoy one-stop services from ordering to network infrastructure design and maintenance with NTT Communications as the single contact point.
The service will also ride on NTT Communications’ new ASE cable system that connects key financial hubs in Asia through the shortest possible route. This ASE cable system boasts industry leading network latency of less than 43 milliseconds from Hong Kong to Tokyo and less than 65 milliseconds from Singapore to Tokyo. Latency can be further optimized by co-locating the clients’ systems at NTT Communications’ new Financial Data Centre (FDC) in Hong Kong, where the ASE cable landing station and NTT Communications' global network node are located.
“Our experience, solid track record and ability to exceed the stringent expectations of our financial services industry clients are instrumental in this partnership. Currently, we provide network connectivity to a wide range of financial clients, and we pride ourselves in our ability to understand their demands on latency and reliability. Our partnership with TSE and the launch of arrownet-Global in Hong Kong cements our strong industry leadership in networking and one-stop solution approach on global connectivity,” said Mr. Patrick Ng, Executive Vice President, Global Network Business Division, NTT Com Asia.