Pico Expands Coverage of Japanese Exchanges by Adding SBI Japannext and CBOE Japan to… | business news
NEW YORK, Aug. 21, 2023 (GLOBE NEWSWIRE) — Pico, a leading global provider of mission-critical technology services, software, data and analytics to the financial markets community, continues the global expansion of its powerful financial services network, PicoNet™, with additional raw market data and order entry coverage for SBI Japannext and CBOE Japan.
Continued investments in Japanese markets with SBI Japannext and CBOE Japan reinforce Pico’s strong presence in Asia Pacific and complement Pico’s existing footprint. Pico has an extensive suite of connectivity, hosting and analytics services available in two data centers in Japan: the JPX colocation facility in CC2 and Equinix TY3. Japannext recently selected Pico’s Corvil Analytics to monitor the performance of its infrastructure and support its trading logs, allowing it to correlate data across participants, trading sessions and market data feeds. The expansion of Japan’s market coverage and extensive Pico infrastructure in the region is further enhanced by Pico’s Redline software product suite, which offers ultra-low latency market data normalization and execution technology.
“Japan’s equity markets exhibit unique market dynamics and both new exchange links provide clients with additional sources of liquidity to trade in the region,” said Ian McIntyre, MD and Pico’s global head of market data. “Pico customers can now access a comprehensive suite of Japanese markets from the various Pico data centers, as well as other markets throughout the Asia Pacific region.”
Pico has built a cloud infrastructure for financial market participants with mission-critical exchange connectivity, spanning 55+ data centers and covering all major global market centers in the Americas, Europe and Asia. Its robust proprietary network, PicoNet™, is a global, fully redundant, low-latency network connecting all major financial data centers with access to major public cloud providers. This enables Pico to be technically able to provide global financial market data for true borderless trading. The combination of Pico’s global infrastructure and data services with its analytics and machine intelligence solution, Corvil Analytics, helps ensure clients are equipped with state-of-the-art solutions to meet ever-changing market conditions.
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About Pico
Pico is a global leader in providing technology services to the financial markets community. Pico’s technology and services support mission-critical systems for global banks, exchanges, e-commerce firms, quantitative hedge funds and financial technology service providers. Pico offers a best-in-class portfolio of innovative, transparent, low-latency market solutions coupled with an agile and competent service delivery model. Instant access to the financial markets is provided via PicoNet™, a global networking platform native to Corvil for analytics and telemetry generation. Clients choose Pico when they want the freedom to act quickly and gain an operational edge in the fast-paced world of financial markets.
Contact information:
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