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TWSE to open a US$90 million data centre by end 2015

Nurdianah Md Nur | Nov. 5, 2014
The facility aims to strengthen its physical trading infrastructure.

The Taiwan Stock Exchange (TWSE) has invested US$90 million in a data centre in Bangqiao, New Taipei City, to strengthen its physical trading infrastructure.

 Expected to be fully operational by end of 2015, the data centre will provide a secure operational environment for reliable trade execution and connectivity to global investors and foreign markets. The facility will reduce order flow and market data dissemination latencies, allowing Taiwan participants to benefit from higher efficiency and lower latency, said TWSE in a press statement.

The stock exchange added that the facility will also allow it to offer co-location services while serving as the foundation for the launch of cloud application services in future.

"TWSE has been continuously promoting the internationalisation of the Taiwan capital market ...[and] our investment in this data centre will significantly enhance the competitiveness of the Taiwan market," said Lee Sush-der, TWSE's chairman.

Occupying a total area of 28,657 sqm, the facility will meet the international standards for green engineering and adhere to the Tier-4 data centres specifications. It is also designed to withstand earthquakes and flooding of up to magnitude seven to ensure that the market can maintain its integrity in the face of a natural disaster. 

 

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