Electronic trading in the 1980s introduced a new era of high frequency trading (HFT) whereby firms tried to get as close as possible to an exchange’s matching engine. By the 2000s, the exchanges were moving their matching engines into colocation data centres, where they were joined by the HFTs and their service providers.
It was not long before exchanges realised the benefits of this ecosystem and the exchange colo was born.
ASX are proud to sponsor this forward-looking report from Kapronasia on the evolution of capital market ecosystems and the importance of market connectivity.
Watch Kapronasia's panel discussion and read more in the report