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

A-Team Insight Blogs

Pico Pushes into HKEX, Plans to Add a Further 20 Data Centres in Next 18 Months

Subscribe to our newsletter

 Pico, a provider of infrastructure, connectivity, data and cloud technology, continues to fulfil its global expansion plan with the addition of a colocation facility and direct connectivity to the hosting services data centre of Hong Kong Exchanges and Clearing (HKEX).

The HKEX services support Pico’s expansion in Asian market centres including Tokyo and Singapore. The company plans to open a further 20 data centres in the next 18 months, in countries including Australia, China, India, South Korea and Taiwan. These will add to 30+ existing locations worldwide. Pico founder and CEO Jarrod Yuster says the deal with HKEX positions the company well for further global expansion.

HKEX is one of the world’s major exchange groups and operates a range of equities, commodities, fixed income and currency markets. It is a world leading IPO market and, as Hong Kong’s only securities and derivatives exchange, offers regional and international investors access to Asia’s most vibrant markets. The group is also a global leader in metals trading through wholly-owned subsidiaries the London Metal Exchange (LME) and LME Clear. In 2016, LME selected Pico to provide connectivity to LMESelect, LME’s electronic member-to-member trading system.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Reviewing the Latency Landscape and the Next Generation of Ultra-Low Latency Infrastructure

Ultra-low latency is no longer the preserve of a handful of proprietary trading firms. As new asset classes electronify, data volumes surge, and regulatory expectations around execution quality and resilience tighten, the performance demands on trading infrastructure are broadening across sell-side desks, electronic market makers, and an expanding range of buy-side participants. The technology landscape...

BLOG

Why the Buy Side’s Real Agility Problem is its Operating Model

Most buy-side firms know how to find an opportunity. What an increasing number are discovering is that the gap between identifying one and acting on it has become a structural weakness. And that the weakness sits not in the front office but in the operating model underneath it. That was the recurring argument of a...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...