Connectivity service provider of retail and institutional foreign exchange trading services, FXecosystem, has opened a point of presence (PoP) in Equinix’s Hong Kong data center, HK1.

In October, the company opened a new headquarters in Singapore as well as a PoP in Equinix’s SG1 Singapore data center, as it expands its business in Asia.

FXecosystem trader desk
– FXecosystem

Speedy trading

“This second PoP in Asia allows us to service our existing clients in S.E. Asia, including Hong Kong and China,” the CEO of FXecosystem, James Banister, said.

“With our enhanced infrastructure, we can help institutional and retail FX clients in Europe and America to expand into Asia. We are also seeing interest from Asian banks and brokers who need enhanced connectivity between these three continents.”

John Knuff, VP of financial services at Equinix, added: “Equinix’s global data centers are home to the world’s largest multi-asset electronic trading ecosystem - a robust collection of interconnected execution venues and trading platforms, market data vendors, service providers, buy-side and sell-side firms.” 

“We are excited to see FXecosystem continuing to leverage our interconnection platform for the international scale and reach to better service their growing customer base.”

In an interview with Finance Feeds last year, Banister said that the company is also planning a PoP in Tokyo.