{"id":56768,"date":"2024-02-06T01:04:04","date_gmt":"2024-02-06T01:04:04","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/pico-expands-its-services-at-japan-exchange-group-colocation-facility\/"},"modified":"2024-02-06T01:04:04","modified_gmt":"2024-02-06T01:04:04","slug":"pico-expands-its-services-at-japan-exchange-group-colocation-facility","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/pico-expands-its-services-at-japan-exchange-group-colocation-facility\/","title":{"rendered":"Pico Expands its Services at Japan Exchange Group Colocation Facility"},"content":{"rendered":"
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NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) — Pico<\/a>, a leading provider of mission-critical technology, data and analytic services for the financial markets community, continues to invest in its managed colocation facility at Japan Exchange Group, Inc. (JPX), now supporting the newly launched Layer 1 network solution. The network architecture from the exchange supports ultra-low latency Layer 1 connectivity to the Tokyo Stock Exchange (TSE), Tokyo Commodity Exchange (TOCOM) and Osaka Exchange (OSE).<\/p>\n

Japan is one of many global trading locations where Pico provides ultra-low latency solutions, supporting clients with latency-sensitive trading strategies that require highly accurate views of the market and fast execution times. Pico supports a Layer 1 network solution in the JPX data center, which can achieve more than an 80 percent reduction in round trip latency, and JPX Group market data delivery with a latency as low as 5 nanoseconds. This performance, combined with the 2-microsecond improvement offered by the exchange\u2019s Layer 1 solution, makes the upgraded service essential for latency-sensitive clients.<\/p>\n

Pico\u2019s JPX colocation infrastructure is connected to PicoNet\u2122, a resilient proprietary global network providing connectivity to JPX from other data center locations on PicoNet\u2122 in Asia-Pacific, Europe and the Americas. Pico is an authorized redistributor of raw and normalized TSE, OSE and TOCOM market data and also provides raw historical data, a comprehensive and resilient tick data solution captured at source in native exchange format.<\/p>\n

\u201cThe JPX ecosystem continues to attract interest from clients, and we are pleased to build on the success we have established with our existing services in Japan through supporting the JPX network upgrade for Layer 1 market data,\u201d<\/em><\/strong> said Bo Zhou, Head of APAC for Pico. \u201cThe investment presents latency-sensitive customers with critical upgrades, made easier by Pico\u2019s operational excellence and local team in Tokyo to assist with customer deployments.\u201d<\/em><\/strong><\/p>\n

Recent investments in the Japanese markets with Layer 1 network connectivity from JPX and raw market data and order entry for SBI Japannext and CBOE Japan enhance Pico\u2019s robust presence in Asia-Pacific. Pico has an extensive suite of connectivity, hosting and analytics services available across Asia-Pacific, serving electronic trading participants with comprehensive connectivity and venue presence, spanning Singapore (SGX, SG1, SG3), Hong Kong (HKEx, HK5), Japan (JPX, CC2, TY3), the Republic of Korea (KTY, BUSAN), Taiwan (TWSE, BQ), Australia (ALC, SY2), and China (SSE, SZSE). The expansion in Japanese market coverage and extensive Pico infrastructure in the region is further enhanced by Pico\u2019s Redline software product suite, providing ultra-low latency market data normalization as well as execution technology.<\/p>\n

Contact us<\/a> for more information about Pico\u2019s Layer 1 network solution in the JPX data center.<\/p>\n

About Pico<\/strong>
Pico is a leading global provider of technology services for the financial markets community. Pico\u2019s technology and services power mission-critical systems for global banks, exchanges, electronic trading firms, quantitative hedge funds, and financial technology service providers. Pico provides a best-in-class portfolio of innovative, transparent, low-latency markets solutions coupled with an agile and expert service delivery model. Instant access to financial markets is provided via PicoNet\u2122, a globally comprehensive network platform instrumented natively with Corvil to generate analytics and telemetry. Clients choose Pico when they want the freedom to move fast and create an operational edge in the fast-paced world of financial markets.<\/p>\n

To learn more about Pico, please visit:\u00a0https:\/\/www.pico.net<\/a><\/p>\n

Contact info:
Pico Press Office
pr@pico.net<\/a><\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) — Pico, a leading provider of mission-critical technology, data and analytic services for the financial markets community, continues to invest in its managed colocation facility at Japan Exchange Group, Inc. (JPX), now supporting the newly launched Layer 1 network solution. The network architecture from the exchange supports ultra-low […]<\/p>\n","protected":false},"author":2,"featured_media":56769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/b4a2f09c-79fc-4383-a21d-27bb5c9e4a2f","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-56768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t