Telstra collaborates with Equinix to deliver enhanced access and network connectivity
By Edlyn Cardoza
Telstra, a leading global telecommunication, and technology company recently announced it is collaborating with Equinix, the world’s digital infrastructure company™, to enhance the Telstra Octagon financial services solution and expand global access and direct connectivity between North America and eight of the world’s major futures and commodities exchanges.
Developed as a purpose-built solution for capital markets and FinTech companies in North America, Telstra Octagon uses Telstra’s ultra-low latency global networks to support high-frequency trading activities. With Telstra’s financial trading solution available on Platform Equinix, Telstra can now offer financial organizations enhanced network connectivity, as well as access to Equinix data center, colocation, and Equinix Fabric™ interconnection services adjacent to the exchanges.
This combination gives Telstra Octagon users – including financial organizations, investors, trading firms and their customers – expanded trading capabilities, as well as broader support for their global network requirements through expanded connectivity, cloud, and IP delivery options.
“Our collaboration with Equinix allows capital markets and fintech companies to benefit from low-latency connectivity, which is critical in high-frequency trading environments where every millisecond can mean the difference between huge gains or losses,” said Nicholas Collins, president, Telstra, Americas. “Once they’re on Telstra Octagon, it’s easy to access additional network delivery services as needed, providing flexibility to expand and transform as situations change.”
Priority end-to-end access enables financial and trading organizations to respond to market-moving events as they happen and execute investment strategies across Asian and North American capital markets.
“Telstra Octagon integrates with the Equinix global services portfolio – including colocation, interconnection and digital services – enabling trading connectivity in close proximity to more than 1,250 companies in the Equinix financial ecosystem,” said Jules Johnston, Senior Vice President, Global Channels, Equinix. “The ability to combine Telstra’s low-latency network technology with the global interconnect capabilities of Platform Equinix is powerful, and we look forward to Telstra Octagon customers reaping the benefits of our collaborative solutions.”
With Telstra Octagon, organizations can access high-frequency trading environments faster between North America and the Asia-Pacific regions, including the NASDAQ and CBOE exchanges in Equinix NY, CME and ICE, ASX in Australia, HKEX in Hong Kong, SGX in Singapore, TAIFEX in Taiwan, KRX in South Korea and JPX in Japan – representing more than a trillion dollars in contracts traded daily.
Beyond overall trading, Telstra Octagon can also provide value to organizations related to price discovery, risk analysis, smart order routing, flow and matching, trade execution and settlement activities.
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