TOKYO, April 11, 2013 /PRNewswire/ -- Tokyo Stock Exchange (TSE) partners with NTT Communications Corporation to launch its arrownet-Global network service in Hong Kong. Leveraging NTT Communications' Ethernet Leased Line service and ultra-low latency cable systems, including the Asia Submarine Cable Express (ASE), the new connectivity offering will enable global financial service institutions in Hong Kong to directly access JPX Co-location (all), the new co-location service of Japan Exchange (JPX), and TSE's systems for the first time.
arrownet is a highly reliable low latency network service offered by TSE since 2009 for financial service institutions to connect with its trading and information systems and also co-location racks in Tokyo. With the availability of arrownet-Global, overseas financial institutions can now directly connect to JPX Co-location (all) and TSE's system, thereby strengthening the exchange's value proposition while broadening its investor pool.
NTT Communications' long-term relationship with TSE, wide network infrastructure and established track record are key reasons for its selection by TSE as the exchange's first partner in launching arrownet-Global. In addition, the availability of this service over the ultra-low latency ASE that bypasses major seismic locations offers additional assurance in meeting the demand for reliable services.
Mr Yoshinori Suzuki, Senior Managing Director of Tokyo Stock Exchange commented, "arrownet-Global enables the global investors in Asia and across the world to access the JPX market from outside of Japan more easily and effectively by realizing a seamless connection with arrownet via NTT Communications' wide global coverage. I hope that straightforward access to the JPX market will strengthen the value of TSE's IT infrastructure and boost the liquidity of the JPX market, so that JPX can achieve its corporate aim to become 'the Most Preferred Exchange in the Asian Region'."
NTT Communications provides end-to-end network solution with its Ethernet Leased Line service, which connects the clients' systems in Hong Kong all the way through to JPX Co-location and TSE's system in Tokyo. Clients will be able to enjoy one-stop services from ordering to network infrastructure design and maintenance with NTT Communications as the single contact point.
The service will also ride on NTT Communications' new ASE cable system that connects key financial hubs in Asia through the shortest possible route. This ASE cable system boasts industry leading network latency of less than 43 milliseconds from Hong Kong to Tokyo and less than 65 milliseconds from Singapore to Tokyo. Latency can be further optimized by co-locating the clients' systems at NTT Communications' new Financial Data Centre (FDC(TM)) in Hong Kong, where the ASE cable landing station and NTT Communications' global network node are located.
"Our experience, solid track record and ability to exceed the stringent expectations of our financial services industry clients are instrumental in this partnership. Currently, we provide network connectivity to a wide range of financial clients, and we pride ourselves in our ability to understand their demands on latency and reliability. Our partnership with TSE and the launch of arrownet-Global in Hong Kong cements our strong industry leadership in networking and one-stop solution approach on global connectivity," said Patrick Ng, Executive Vice President, Global Network Business Division, NTT Com Asia.
About NTT Communications Corporation
NTT Communications provides consultancy, architecture, security and cloud services to optimize the information and communications technology (ICT) environments of enterprises. These offerings are backed by the company's worldwide infrastructure, including leading global tier-1 IP network, Arcstar Universal One(TM) VPN network reaching over 150 countries, and over 140 secure data centers. NTT Communications' solutions leverage the global resources of NTT Group companies including Dimension Data, NTT DOCOMO and NTT DATA. Further information: http://www.ntt.com/index-e.html | www.twitter.com/nttcom | www.facebook.com/nttcomtv
NTT Communications' wholly owned subsidiary - NTT Com Asia serves as the regional headquarters of East Asia, covering Hong Kong, Macao, Taiwan and Korea. In collaboration with its affiliate HKNet, it provides enterprise-class global network, IP connectivity, data center, cloud hosting, cloud applications and various services and solutions in the region. Please visit www.ntt.com.hk | www.hknet.com | https://www.facebook.com/nttca | http://www.linkedin.com/company/ntt-com-asia-limited for further information.
About Tokyo Stock Exchange
Tokyo Stock Exchange, Inc. (TSE) is one of the leading global exchanges and the largest securities market in the Asia-Pacific region. TSE is best known for its equities market, valued at US$3.88 trillion (JPY 365 trillion) as of the end of March 2013. It also boasts the largest market for Japanese securities derivatives such as Japanese Government Bond (JGB) and TOPIX (Tokyo Stock Price Index) futures. In January 2013, TSE and Osaka Securities Exchange (OSE) were merged into Japan Exchange Group, the holding company of TSE and OSE.
Further information: http://www.tse.or.jp/english/index.html
SOURCE NTT Communications Corporation