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

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: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

Sphinx Targets 24/7 Energy Markets with Blockchain-Enabled Derivatives Exchange

A new entrant to the energy derivatives landscape is preparing to test whether modern trading infrastructure can reshape how energy risk is managed. Sphinx, a startup exchange operator, is developing a platform designed for continuous trading and near-instant settlement in energy derivatives, initially targeting U.S. natural gas and electricity markets. The Sphinx Global Commodity Exchange...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and 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

GDPR Handbook

The May 25, 2018 compliance deadline of General Data Protection Regulation (GDPR) is approaching fast, requiring financial institutions to understand what personal data they hold, why they process it, and whether it is shared with other organisations. In line with individuals’ rights under the regulation, they must also provide access to individuals’ personal data and...