HONG KONG and NEW YORK, June 11, 2018 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) today announced that it is establishing connectivity to three data centers in Hong Kong to increase its service to the Asia-Pacific (APAC) region through a Nasdaq Point of Presence (POP), helping to provide more efficient, cost-effective access to Nasdaq financial data in the region.
In July, Nasdaq will begin to offer easy access to data from the U.S. financial markets via POP services in the following Hong Kong data centers: HK1 Equinix, Mega-i, and HKEx. The Nasdaq POP is designed to enable firms to access market data and trading applications, as well as APAC financial web portals, with real-time U.S. equity and index/ETF information from a local center. This new, cost-effective service provides firms low latency connectivity in a resilient and secure environment.
“Nasdaq prides itself on being the premier provider of cutting-edge products to the world’s most forward-thinking investors,” said Tomas Franczyk, a Hong Kong-based Managing Director for APAC with Nasdaq’s Global Information Services. “With closer proximity to the centers that supply market data to investors, Nasdaq will be able to deliver faster service to Hong Kong, China, and the entire Asia-Pacific region.”
The new Nasdaq POPs make available quote and trade data for all U.S.-listed equities via the industry-leading Nasdaq Basic product while also offering firms the benefit of utilizing Nasdaq Last Sale, which has the added benefit of unlimited distribution to the general investing public. It also makes available Nasdaq Global Index Services (GIDS), which disseminates real-time values for 40,000+ Nasdaq indexes, including such well known indexes as the Nasdaq 100, Nasdaq Composite, and Nasdaq Biotech.
Closer data centers means Asia Pacific investors will have more cost-effective access to products and services that provide transparency to financial markets and empower individual investors to achieve greater insights into these markets. Nasdaq continues to explore new ways it can better serve investors in the important APAC region.
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: http://business.nasdaq.com
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