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: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

Continuous Trading and the Death of End-of-Day

As US equities and other markets move toward continuous, around-the-clock trading, firms face a set of infrastructure questions the traditional trading day never forced them to answer. A panel at A-Team Group’s recent TradingTech Summit New York was convened to work through them: how to build a resilient foundation without adding operational risk; how to...

EVENT

Digital Assets & Tokenisation Briefing, New York

A-Team Group’s Digital Assets & Tokenisation Briefing assembles an exclusive group of CxOs and senior technology innovators. These leading market practitioners and infrastructure providers are collectively building the digital rails and decentralised networks that will power Wall Street 2.0.

GUIDE

Tackling the Data Management Challenges of FATCA

As the July 1, 2014 deadline for compliance with the Foreign Account Tax Compliance Act – or FATCA – approaches, financial institutions around the world are working to ensure their data management and operational systems will meet the requirements of the US legislation. This report discusses the requirements of FATCA and how the legislation is...