10:04 AM
Deutsche Bank to Offer Co-location at Australian Stock Exchange
Deutsche Bank’s Autobahn Equity business, within its Global Markets Division, will participate in the Australian Securities Exchange’s (ASX) co-location service program, according to the investment bank.
Deutsche Bank will place electronic trading equipment at the ASX data center in Sydney, Australia, as part of the program, which was recently offered by the ASX. The purpose of co-location is to enable high-speed data delivery to clients, and minimize latency to the Australian equity market, according to the release.
In a statement, Rob Flatley, managing director and global head of Autobahn Equity at Deutsche Bank, said, “Direct market access to Australia is becoming increasingly popular, and co-location will serve clients seeking fast access to this attractive market.”
Deutsche provides high frequency trading and equity finance to clients in over 70 global markets.
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio