India’s BSE is leveraging its technology partnership with Deutsche Boerse to offer a faster pathway for traders in Hong Kong and Singapore.
The Indian exchange announced in March that it is now linked to those two cities via N7, the private telecommunications network operated by Deutsche Boerse. The network is used by more than 700 clients to access Eurex and several other trading venues and is designed to meet demand for ultra-low latency and can transmit an order message from Singapore to Frankfurt in just 100 milliseconds.
The announcement means that traders in Hong Kong and Singapore can use the N7 hubs in their cities to access BSE markets in equities, equity derivatives and currency derivatives. The announcement is the latest outcome from a long-term strategic partnership between the Indian and German exchanges. Deutsche Boerse bought 5% of BSE in 2007 and BSE uses the German exchange’s T7 trading platform.
