Supports low-latency order routing and market data connectivity
Hong Kong and Denver, June 28, 2016 – CQG, a global provider of high-performance trade routing, reliable market data, and advanced technical analysis, has relocated its servers into the HKEX data center in Tseung Kwan Industrial Estate. The relocation will improve market data latency and trade execution performance.
The HKEX facility enables CQG to connect to the HKEX HSN network for market data and order routing in order to offer the most reliable, high-performance exchange connectivity. CQG previously co-located with China Telecom in Chai Wan. The move to HKEX simplifies the connectivity to the exchange for market participants. HKEX offers ASP connectivity from their co-location facility, which is CQG’s preferred connectivity model for exchange access.
“The HKEX co-location allows us to provide a superior trading experience to our users, including higher performance and faster execution,” said Leighton Andrew, Managing Director - Asia Pacific & Japan at CQG.
“We are pleased CQG has decided to join us in our data centre,” said Jonathan Leung, HKEX’s Head of Hosting Services. “Our Hosting Services provide access to our core systems as well as an array of information, technology and network service providers in a secure ecosystem environment.”
The migration to HKEX was completed on March 26, 2016.
Hong Kong Exchanges and Clearing Limited (HKEX) is a leading operator of exchanges and clearing houses, and one the world’s largest exchange groups by market capitalisation. It includes the exchanges that operate Hong Kong’s securities and derivatives markets as well as the London Metal Exchange, the world’s premier base metals market. HKEx and the Shanghai Stock Exchange are partners in Shanghai-Hong Kong Stock Connect, a groundbreaking programme that links the stock markets of the two cities, and HKEx is seeking to expand the Connect programme and extend it to other asset classes. HKEX’s refreshed corporate identity highlights its ambition to be the pioneer that connects the world’s financial markets. HKEX’s aim is to be the global exchange of choice across asset classes, from equities to fixed income, currency and commodities, both for its Chinese clients and its international clients seeking China exposure.