Transaction Network Services (TNS) and Hong Kong Exchanges and Clearing (HKEX) have signed an agreement for connectivity, managed hosting and market data access that will give financial market participants greater choice of how to trade with the HKEX.
The new agreement with TNS will provide local and international low latency connectivity to the exchange and between trading partners. TNS will offer traders managed hosting options at the HKEX HDC data center and will become an Application Service Provider for HKEX equities and derivatives market data.
This also means trading firms around the globe can collocate their trading infrastructure directly next to the HKEX matching engine. The TNS offering will include market data feeds from the Stock Exchange of Hong Kong (SEHK) and the Hong Kong Futures Exchange (HKFE).