Global telecommunications company Telstra is partnering with data center operator Equinix to enhance the Telstra Octagon financial services solution. Developed as a purpose-built solution for capital markets and fintech companies in North America, Telstra Octagon can now be integrated with the Equinix global services portfolio, including colocation, interconnection and digital services. It would enable trading connectivity in close proximity to more than 1,250 companies in Equinix’s financial ecosystem.
Telstra Octagon supports high-frequency trading activity using Telstra’s ultra-low latency worldwide networks. Telstra can now provide financial institutions greater network connectivity, as well as access to Equinix’s data center, colocation, and Equinix Fabric interconnection services next to the exchanges, thanks to the availability of Telstra’s financial trading solution on Platform Equinix.
Telstra Octagon users – such as financial institutions, investors, trading businesses, and their clients – would benefit from greater trading capabilities as well as broader support for their worldwide network requirements thanks to increased connectivity, cloud, and IP delivery choices.
“Our collaboration with Equinix allows capital markets and fintech companies to benefit from low-latency connectivity, which is critical in high-frequency trading environments where every millisecond can mean the difference between huge gains or losses,” said Nicholas Collins, President, Telstra, Americas. “Once they’re on Telstra Octagon, it’s easy to access additional network delivery services as needed, providing flexibility to expand and transform as situations change.”
High-Frequency Trading
Financial and trading organizations may respond to market-moving events in real time and execute investment plans across Asian and North American capital markets with priority end-to-end access.
Organizations can access high-frequency trading environments in North America and Asia-Pacific regions faster with Telstra Octagon, including the NASDAQ and CBOE exchanges in Equinix NY, CME and ICE, ASX in Australia, HKEX in Hong Kong, SGX in Singapore, TAIFEX in Taiwan, KRX in South Korea, and JPX in Japan – representing over a trillion dollars in daily contracts traded.
“Telstra Octagon integrates with the Equinix global services portfolio – including colocation, interconnection and digital services – enabling trading connectivity in close proximity to more than 1,250 companies in the Equinix financial ecosystem,” said Jules Johnston, Senior Vice President, Global Channels, Equinix. “The ability to combine Telstra’s low-latency network technology with the global interconnect capabilities of Platform Equinix is powerful, and we look forward to Telstra Octagon customers reaping the benefits of our collaborative solutions.”
In addition to general trading, Telstra Octagon may help businesses with price discovery, risk analysis, efficient order routing, flow and matching, trade execution, and settlement.
