NEW YORK — Australian telecom company Telstra announced last week through its Telstra Americas division a collaboration with global interconnection services provider and data centre operator Equinix.
The two companies are partnering “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,” according to a Telstra press release.
“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,” the release reads.
A spokesperson for Equinix said in an email the collaboration includes Toronto. Equinix has several international business exchange (IBX) data centres in Toronto (some purchased from Bell in 2020), and Telstra Americas has a point of presence in the city.
“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 centre, colocation and Equinix Fabric interconnection services adjacent to the exchanges,” the release says.
“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,” said Jules Johnston, senior vice-president of global channels at Equinix, in the release.
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