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The Australian Securities Exchange will launch a co-location hosting service for its market participants in Q4 2008.
The ASX said that the service will facilitate direct market...
"For exchange-traded derivative markets, the monopoly of middle and back office providers is likely to be challenged. Historically, the three incumbent providers have been largely unchallenged due to widely held fears of ‘migration risk’."
Clive Furness, MD, Contango Markets