6 Jun 2018

BSO EXPANDS ASIA PRESENCE WITH NEW HONG KONG AND SINGAPORE OFFICES

We’ve opened new offices in Hong Kong and Singapore to facilitate continued demand from the global electronic trading community to tap into the thriving Asian markets.

With a team on the ground in Hong Kong, headed up by former Telstra and BT Radianz exec Matthew Lempriere, we will be able to support and connect businesses in the region more effectively.

To support the expansion into the region, Matthew will be joined by sales director Tom Fulford-Brown, who is relocating to the Singapore office from London.

The on-the-ground local presence enhances our capabilities to directly connect European, U.S and APAC based trading firms into markets as soon as new liquidity opportunities emerge.

Not only will this give our clients across the region a more direct service, but the decision comes at a time when European and U.S market makers are turning to Asia to trade the lucrative cryptocurrency markets, in addition to the traditional equity, currency and commodity asset classes.

We also have a growing number of clients across other Asian markets including India, China and Taiwan and have been looking to establish a Hong Kong and Singapore base for our activity closer to these key markets.

Commenting on the new office, Matthew Lempriere, our new Head of Asia Pacific said:

“Despite volatility returning recently from the Italian political crisis, the long-term trend still points towards market makers looking beyond Europe.  With volumes on the rise and Chinese-A shares now live on the MSCI Index, there is certainly no shortage of trading opportunities. But until now, certain firms haven’t had the global footprint or bandwidth to trade in and out of hot spots like Hong Kong and Singapore.

The enhancement of BSO’s local expertise, on top of its highly resilient and agile connectivity service, will enable both international and local based firms to execute trades in and out of the region.”

Michael Ourabah, our CEO, who is based out of Dubai to support the initiative added:

“With Brexit continuing to fuel uncertainty surrounding the UK’s future access to the Single Market, regions like Hong Kong and Singapore could well take advantage. As more exchanges in the region widen the scope of their offerings, market makers will need to have access to the best local technology expertise which can then open up new revenue streams.”

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ABOUT BSO

The company was founded in 2004 and serves the world’s largest financial institutions. BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others. BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served.

The company’s network comprises 240+ PoPs across 33 markets, 50+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location.

BSO is headquartered in Ireland, and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore. Access our website and find out more information: www.bso.co