As part of the cooperation with the Singapore Exchange (SGX) which was announced last year, Eurex has moved its Singapore Access Point to SGX’s co-location data centre to enhance the connectivity and cost efficiencies of both Eurex and SGX members in Singapore and Frankfurt/Main respectively. At present, participants are able to obtain connections up to 80Mbit/s with direct access to Eurex’s trading platform. Given this high-speed connectivity, Eurex’s trading members will be able to provide their customers with an enhanced trading experience.
UOB Bullion and Futures Limited, a Eurex Exchange member, is the first to take advantage of the Eurex-SGX partnership which has provided a cost effective way to access Eurex’s high-speed network and in turn lower information technology (IT)-related costs. “We are proud to welcome UOB Bullion and Futures as the first member to connect to our improved Access Points infrastructure. We are also confident that more trading participants will adopt the same approach to access Eurex’s diversified derivatives market. Eurex will continue to provide our trading participants with the optimal technical trading environment,” said Roland Schwinn, Head of Asia Business Development and Middle East.
“We see being the first Eurex Exchange member to connect to both Eurex Access Points in Asia as an important step in becoming a leading prime broker in the Asia Pacific. This new connection enhances our current suite of services for trade execution and clearing in the major futures exchanges around the world,” said Matthew Png, Executive Director of UOB Bullion and Futures.
