To meet the network needs of the financial services sector, Telstra has launched a low latency international connectivity between the Australian Securities Exchange (ASX) and Singapore Exchange (SGX).
Matthew Lempriere, Telstra's Global Head of Financial Services Market Segment, said the investment was driven by customer demand in both markets, and built on existing services that Telstra rolled out last year for financial markets in Chicago, Hong Kong and London.
He explained that new route is enabled by Telstra's new 100Gbps capacity low latency optical link from Sydney to Perth, which are key entry and exit points of international traffic to and from Australia. The new route also has an extension from Sydney to Melbourne, which is ready for 200Gbps services.
By carrying 100Gbps in a single wavelength, the latency of delivery and reliability of data transfers and the critical trans-Australian route from Sydney to Perth is now under 20 milliseconds, which is 25 percent lower than the current route. It will also enable an "estimated 91.5 millisecond Round Trip Delay from Sydney to Singapore," said Lempriere.
"We believe this new route will become a one-stop-shop for financial services institutions' low latency global connectivity needs. It will also drive participation across Singapore and Australia by a larger number of global trading firms, who are seeking the next generation of growth opportunities and looking to capitalise on trading opportunities between these marketplaces," concluded Lempriere.
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