Ffastfill moves in with ASX 26 January 2012Sydney Reporter: Anna Reitman
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Ffastfill will be adding its SaaS (software as a service) infrastructure and services within the Australian Securities Exchange's (ASX) new data and colocation centre, the ASX Australian Liquidity Centre (ALC). It is expected to become operational on 20 February.
The ALC is a purpose-built data centre designed to meet the demands of ASX participants and service providers for the lowest latency access to ASX execution and information services. The ALC will allow ASX to significantly extend the availability of hosting services to ASX participants, vendors and the broader financial market community.
By having its SaaS infrastructure within the ALC, FFastFill will be able to provide domestic and international trading participants with the lowest latency connection to the Australian Futures Market.
Ian Le Noury, FFastFill director of business development and customer management, Asia Pacific, said, “The ASX ALC in conjunction with FFastFill’s enhanced SaaS technology will provide superior execution for our global trading community through the low latency setup. This setup will allow traders to reduce latency, no matter where they are located within the FFastFill global infrastructure, and enable traders to make the most of our new spreading technology, SpreadIntelligence, and FFastFill’s enhanced order release mechanisms.”
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