SINGAPORE, November 19, 2020 – Telstra, a leading global telecommunications and technology company, has announced the launch of the Telstra Octagon, a global financial trading solution that provides organisations with low-latency connectivity directly into eight of the world’s most valuable futures and commodities marketplaces.
Designed for multi assets, equities, fixed income, commodities, money markets, forex, futures, and derivatives trading, the Telstra Octagon platform gives organisations the ability to trade faster across key exchanges. Using the Telstra Octagon, organisations can leverage direct connections to access trading floors in the Asia-Pacific & U.S region, including the SGX in Singapore, ICE and CME exchanges in the U.S, as well Australia, Hong Kong, Taiwan, South Korea and Japan. The state-of-the-art connectivity can help companies speed price discovery, risk analysis, smart order routing, flow and matching, trade execution and settlement.
“The Telstra Octagon was designed to enable global financial trading firms to thrive in the hyper-competitive trading world of today where the difference between success and failure is measured in milliseconds,” said Todd Bates, Head of South Asia at Telstra.
The platform provides increased control over trading performance thanks to Telstra’s trans-Pacific subsea cable networks. Telstra owns and operates the largest subsea cable system with more than 250,000 miles of subsea cables globally that connects the world with Asia, currently carrying nearly one-third of all Asia-Pacific internet traffic.
Priority end-to-end access to the networks enables financial and trading organisations to respond to market-moving events as they happen and execute investment strategies across Asian, Australian and U.S. capital markets. Additional benefits include Telstra’s network redundancy, resilience and market access.
Deep technology experience and local support staff throughout Asia enables Telstra to quickly implement a pre-built, yet highly adaptable trading platform that can be specifically customised for each organisation.
“These are challenging and unprecedented times for global finance, and we believe that the Telstra Octagon will provide both established and upcoming organisations the ability to trade faster across key exchanges in the Asia-Pacific and the dynamic markets in the North American region,” Todd continued.