Market data and ticker plant provider Activ Financial has established a point of presence in the Australian Securities Exchange’s (ASX) Australian Liquidity Center (ALC) co-location facility in Sydney, to provide local and international firms with enhanced access to low-latency market data from ASX and global venues.
Activ has deployed its feed handler structure, last value cache infrastructure and multicast datafeed generator in the ALC facility, which houses the ASX and its ASX 24 primary matching engines alongside the trading servers of international investment banks, Australian brokers, market makers and proprietary trading firms, as well as data, technology and network providers.
Previously, Activ processed ASX data at a datacenter in Singapore, but in November began to source, enrich and normalize the data—including the exchange’s recently launched ASX ITCH and ITCH 24 feeds—directly within the exchange’s co-location facility, which officials say will improve data performance and reliability.
In addition to providing international players with ASX market data over the ActivNet global network via routes through Singapore and Tokyo, the new ticker plant will enable the vendor to provide international data into the Australian market for regional consumption, says Activ president Frank Piasecki.
“We’ve had customers taking ASX data over our consolidated feed for some time, but now that we have a physical presence in ALC they will see an improvement in performance and reliability. As we develop our local low-latency services in the Australian market, we will be able to sell to regional players who have space in the datacenter and who are seeking to execute electronic and algorithmic trading strategies and therefore need faster data,” he adds.
The move to ALC is the latest in a string of investments made by Activ in recent months to bolster its coverage of the Asia-Pacific region. Most recently, the vendor announced an expansion into secondary Asian markets, including Bursa Malaysia, the Indonesia and Philippine stock exchanges, the Stock Exchange of Thailand and the Thailand Futures Exchange.