Beeks announces CaaS collaboration with SGX
Beeks has announced a service collaboration with the Singapore Stock Exchange (SGX).
This is a new Co-location as a Service (CaaS) collaboration. The CaaS can be activated and turnaround within 24 hours thereby reducing new trading participant time to market. The CaaS packages are available on 30 day commitments via the Beeks Marketplace.
CaaS offers ultra-low latency access to the SGX trading platforms via a choice of shared or dedicated fibre uplinks from Beeks infrastructure. With sub 15μs network latencies, it provides an ultra-fast cross connect and cost-effective solution for those looking for swift and reliable connectivity to SGX.
This collaboration also allows Beeks to provide direct connectivity from Equinix SG1 into SGX for the first time, connecting customers between both locations within the Beeks infrastructure via private dark fibre.
Beeks already has Tier-1 rack space within the SGX state-of-the-art colocation facility since June 2018, offering low-latency, virtual private server and bare metal dedicated server for high speed access to SGX markets. The data centre connects Beeks’ Tokyo, Hong Kong and London locations directly, providing the ability for ultra-low latency trading between the locations.
In addition to providing cloud services and access to market data for clients wishing to carry out automated trading in assets on the Singapore Exchange, Beeks can now provide direct access to the SGX Test Environment and SGX REACH as well as Titan Matching Engines, by way of ultra-low latency connectivity.
With sub 1ms latencies it’s an ultra-fast cross connect and cost-effective solution for those looking for swift and reliable connectivity to Singapore.
The Beeks SGX CaaS and SG1 IaaS solutions provides rapid time to market and reduces sizeable barriers to entry, while providing best-in-class resiliency and security. By utilising both Virtual Private Server (VPS) and Bare Metal Server solutions, Beeks provides entry level access to both UAT and Production environments either directly in SGX, or by connecting privately from the Beeks infrastructure in Equinix SG1.
In addition to securing this joint collaboration with the Singapore Exchange SGX, Beeks is committed to increasing their presence in Asia Pacific (APAC) with further data centres. As well as Singapore, Beeks is currently live in Hong Kong, Tokyo and Sydney, allowing customers a variety of trading opportunities across both OTC and Exchange based markets in the APAC region.