July 21, 2013
, the world's leading and most diverse derivatives marketplace, today announced five clients have registered for and are now using its
telecommunications hub; and they include CASH Financial Services Group, QUAM Securities, Philip Futures, and
& Associates HK Limited.
, CME Group's
hub offers clients high-speed, cost-effective and direct point-to-point network access to the CME
trading platform. In
alone, four of them have gone "live", actively receiving market data and routing orders, and a few other prospects are currently in the admission process.
"The launch of our hub in
underpins our strategy of expanding in one of the most important markets for us in
, and is a signal of our commitment to our clients in
Julien Le Noble
, Managing Director,
, CME Group. "We are pleased to offer our customers a flexible, cost-effective and high-performance connection to CME Group in this fast-growing region. By connecting to this telecommunications hub in
, clients in
will have improved access, reduced connectivity costs, and lowest latency connection to CME Globex."
One of CME Group's core strategic objectives is the expansion of its business activities in Asia Pacific. Within Asia, CME Group currently has a total of 35 clients connected to its hubs across
and Singapore. For Q1 2013, CME Group posted record trading volume and revenue from
, up 24 per cent and 31 per cent respectively, compared with Q1 2012.
CME Group operates eleven hubs in major financial centres around the world, including
Milan, New York
and Tokyo. CME Group launched its first telecommunications hub in
, becoming the first overseas derivatives exchange to open an Asian hub in Singapore. In each hub, there are two in-country locations enabling redundant access to CME Globex, each independently connected to CME Group in
, and hosted in vendor-neutral co-location facilities.
As the world's leading and most diverse derivatives marketplace, CME Group (
) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on
. CME Group brings buyers and sellers together through its
electronic trading platform and its trading facilities in
and Chicago. CME Group also operates
, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT and the
Board of Trade are trademarks of the Board of Trade of the
City of Chicago
, Inc. NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. KCBOT, KCBT and
Board of Trade are trademarks of The Board of Trade of
Kansas City, Missouri
, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at