Singapore Exchange (SGX) is one of Asia’s trusted securities and derivatives market infrastructure. They trade equity, fixed income, currency and commodity markets under the highest regulatory standards.
SGX provides the following services with 40% of listed companies and more than 80% of listed bonds outside Singapore:
listing
trading
clearing
settlement
depository
data services
It’s also the world’s most liquid international market making it a global leader in risk management and clearing capabilities.
SGX operates using three primary values that guide them as they facilitate the exchange of capital and ideas among people, businesses and economies:
Trust
They carry themselves with the utmost integrity, and they work with inclusivity in mind. They take responsibility for fair, orderly, transparent, safe and efficient market infrastructure.
Passion
They are committed and empowered to deliver their best for all of their clients. And they dare to think big and out of the box to transform opportunities into reality.
Service
They listen to their stakeholders and anticipate their needs by delivering excellent service. Their main goal is to create value for people, businesses and economies.
In addition, it also operates a multi-asset sustainability platform. SGX FIRST or Future in Reshaping Sustainability Together is a platform that facilitates collaboration and partnerships among stakeholders. Moreover, it provides the necessary data, tools and resources to drive discussions in the hopes of catalyzing change and sustainably delivering growth.
Entering the Market
Suppose you want to be a part of the Singapore Exchange (SGX). In that case, you need to consider two crucial things; exchange and execution connectivity. These two variables are essential when it comes to trading.
Having a low-latency, virtual private server (VPS) and a bare metal dedicated server (DS) will significantly reduce the overall cost you need to cover when accessing SGX independently.
Nowadays, several providers offer hosting and proximity colocation solutions with a secure and private caged environment. One of the most prominent ones is Beeks. They currently have a partnership with SGX and they offer VPS and DS packages that are ready to use within 24 hours to reduce your time to market.
Beeks can provide a high-speed link from SGX’s colocation to SGX’s market and trading data engines. In addition, they connect your server via the Arista switch for direct and faster access to SGX trading platforms.
Moreover, Beeks also provides connectivity to Equinix SG1 directly to SGX’s colocation using their private dark fibre.
Currently, there are two main types of packages being offered by Beeks. They have a UAT Package and a Production Environment Package. Let’s check the details of each package below:
UAT (User Acceptance Testing) Package
This package has three variants, VPN, Shared Fibre and Dedicated Fiber. The VPN variant has a virtual private server with the following specifications:
6656 MB RAM
75GB disk space
4vCPU
Windows 2012 / 2016
Linux Servers
IPSec VPN Access
Shared Fibre Connection to SGX UAT
The Shared Fibre variant, on the other hand, has a dedicated server, and it has the following specifications:
2 x Dedicated Diamond Server
Solarflare 10g Network Card SFNX2522 PLUS Flareon Ultra
Shared fibre connection to SGX
The Dedicated Fibre variant also has a dedicated server with the following specifications:
2 x Dedicated Diamond Server
Solarflare 10g Network Card SFNX2522 PLUS Flareon Ultra
1g Dedicated fibre connection
The Product Environment Packages have three variants, Shared Connect, Dedicated 1G Connect, Dedicated 10G Connect. The Shared Connect variant has the following specifications:
2 x Dedicated Diamond Server
Solarflare 10g Network Card SFNX2522 PLUS Flareon Ultra
Shared connection up to 1g fibre pair
The Dedicated 1G Connect offers the following:
2 x Dedicated Diamond Server
Solarflare 10g Network Card SFNX2522 PLUS Flareon Ultra
1g Dedicated fibre pair
Finally, the Dedicated 10G Connect offers these specifications:
2 x Dedicated Diamond Server
Solarflare 10g Network Card SFNX2522 PLUS Flareon Ultra
10g Dedicated fibre
The Shared Fibre and Dedicated Fibre variants, as well as all of the Product Environment Packages, also have the following benefits:
1 x Intel Xeon 6-Core CPU E5 Series
32GB RAM (DDR3-1600)
2 x 480GB SSD (RAID 1)
2 x 1GbE Network Interface Card (Intel I350)
Choice of OS: Windows Server 2012, Windows Server 2016, or Linux
Conclusion
If you want to experience global reach, low latency and secure connectivity in trading SGX, you can view details online by checking out Beeks Group. They offer trading solutions that are delivered in a fast and efficient manner.
In addition, they offer flexible commercial models and month to month contracts that will allow customers to enter new markets with reduced costs. So go ahead and check them out for more info!