About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Juniper To Provide HKEx With Network Infrastructure for Orion Data Centre

Subscribe to our newsletter

Juniper Networks will be providing low-latency network infrastructure based on its QFabric architecture to Hong Kong Exchanges and Clearing (HKEx) for its new data centre, being rolled out as part of the exchange’s Orion technology transformation program.

HKEx will become the first financial services customer in Asia for Juniper’s QFabric, which is being implemented and supported by the networking vendor’s partner, Wharf T&T. The network will feature top-of-rack 10gE switches, with local 10gE and remote 100 megabit connections to customers. Junos Space will be used to manage the network, which will be designed to provide network protection and fairness in terms of latency to HKEx’s co-location customers.

Orion comprises upgrades to HKEx’s core trading platforms to reduce latency, including connectivity/networks, a new state-of-the-art data centre, and systems providing order matching, market data dissemination and market access services. The multi-million dollar program encompasses both securities and derivatives markets, from trading operations to clearing, and will run through the end of 2013. The data centre upgrade and co-lo services are due to come on stream in Q4 of this year.

HKEx has already made (and been subject of ) a number of announcements related to its more than 20 co-lo hosting partners. Also, NYSE Technologies has announced that it will be providing market data dissemination technology – XDP – to distribute market data to local clients and to regional hubs, the first of which will be located in mainland China.

XDP – for Exchange Data Publisher – is based on NYSE Technologies’ DataFabric 6.0 middleware. HKEx’s implementation will be capable of distributing more than 100,000 messages per second at microsecond latency.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlock the Future of European Equities & Trading Technology: 2024 and Beyond!

In a world where the financial landscape is perpetually evolving, 2023 has brought widespread discussions around liquidity, regulatory shifts in the EU and UK, and advancements like the consolidated tape in Europe. For the year ahead in 2024, the European market is poised for transformative changes that will influence the future of trading technology and...

BLOG

DTCC Agrees to Acquire Blockchain-Based Financial Technology Firm Securrency Inc.

DTCC, the financial markets infrastructure provider, has announced its agreement to acquire Securrency Inc., a developer of institutional-grade digital asset infrastructure. By merging industry best practices with cutting-edge digital technology, the move aims to further the institutional acceptance and integration of digital assets. “Securrency is an important strategic acquisition that will give us the technology...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Applications of Reference Data to the Middle Office

Increasing volumes and the complexity of reference data in the post-crisis environment have left the middle office struggling to meet the requirements of the current market order. Middle office functions must therefore be robust enough to be able to deal with the spectre of globalisation, an increase in the use of esoteric security types and...