NTT Comm powers TSE’s arrownet-Global network in Hong Kong

Telecom Lead Asia: Tokyo Stock Exchange (TSE) has joined hands with NTT Communications to launch its arrownet-Global network service in Hong Kong.

Financial institutions in Hong Kong will benefit as they can access the new co-location service of Japan Exchange (JPX) and TSE’s systems in a better way.

TSE, leveraging NTT Communications’ Ethernet leased line service and cable systems, including the Asia Submarine Cable Express (ASE), says that arrownet-Global will enable financial institutions to connect to JPX Co-location.

Access to the JPX market is expected to strengthen the value of TSE’s IT infrastructure and boost the liquidity of the JPX market. In addition, this will strengthen the exchange’s value proposition while broadening its investor pool.

NTT Communications claims that arrownet is a highly reliable low latency network service offered by TSE since 2009 for financial service institutions to connect with its trading and information systems and also co-location racks in Tokyo.

In addition, the availability of this service over the ultra-low latency ASE that bypasses major seismic locations offers additional assurance in meeting the demand for reliable services.

Yoshinori Suzuki, senior managing director of Tokyo Stock Exchange, said: “arrownet-Global enables the global investors in Asia and across the world to access the JPX market from outside of Japan more easily and effectively by realizing a seamless connection with arrownet via NTT Communications’ global coverage.”

Patrick Ng, executive vice president, Global Network Business Division, NTT Com Asia, said: “Our experience, solid track record and ability to exceed the stringent expectations of our financial services industry clients are instrumental in this partnership.”

As NTT Communications provides network solution with its Ethernet Leased Line service, clients will be able to enjoy one-stop services from ordering to network infrastructure design and maintenance with NTT as the single contact point.

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