Pacnet is providing high-speed low-latency connectivity for the Hong Kong Stock Exchange’s new hosting environment run out of its Tseung Kwan O Industrial Estate.

Pacnet is the first low-latency offering named for the Hong Kong Exchange’s (HKEx’s) Next Generation Data Center facility, currently under construction.

HKEx owns the exchange, the largest on Hong Kong Island.  It said it will work with HKEx to set up its hosting ecosystem before it launches later in the year.

Pacnet said it will deliver Pacnet Lightning, designed for trading floors which uses Pacnet’s Ethernet over SDH Network and a combination of dedicated point-to-multipoint Ethernet and SDH circuits configured for banks and financial institutions.

It is supported by the Pacnet Global Ethernet International Private Line, connecting exchanges in Asia and the US, and the Pacnet Global International Private Line for city-to-city leased capacity.

Pacnet said speeds of up to 1Gbps will be capable.

HKEx secured 118,400 sq ft for its data center in Hong Kong last year and is building a three-story data center and IT office space that will provide a total floor area of 143,000 square feet.

It will use the new facility to consolidate all primary data centers that support the exchange's markets and clearing houses.