This article is from the Australian Property Journal archive
THE Australian Securities Exchange has committed to build a new $32 million data centre to meet its expanded its requirements for the medium to long-term.
The new data centre will be located outside of, but a short distance from, the central business district of Sydney.
It is scheduled to be completed in August 2011 and planned to be operational within a few months of that date.
The ASX said migration to the new, larger data centre will allow its to expand its co-location hosting services, including providing co-location benefits to both cash equities and futures markets participants.
“Co-location hosting enables high speed market data and trade execution with near zero network latency, by placing participant trading equipment in the same physical location as ASX’s trading facility,” the ASX added.
Australian Property Journal
