âFor instance, opportunities for strong investment returns have been limited in the UK equities market for the past few years. This coupled with many Far Eastern markets now being much more accessible means that there is an increasing demand from our client base for Asia Pacific data sets. The addition of these four latest exchanges continues our strategic growth in the Asia Pacific region, having added Tokyo, Hong Kong, Singapore, Australia, New Zealand, Shenzhen and the National Stock Exchange of India last year.â
Tenforeâs Global Market Data Feed now covers nearly 160 global sources. The additional new exchanges are:
New Zealand Exchange: which includes the New Zealand Stock Exchange, with a market capitalisation of about $79bn NZD($62bn US, Â£31bn GBP); the New Zealand Debt Exchange, with a market capitalisation of about $14bn NZD ($11bn US, Â£6bn GBP) and the New Zealand Alternative Exchange with a market capitalisation of about $0.6bn NZD ($0.5bn US, Â£0.3bn GBP).
The Philippines Stock Exchange: which has a market capitalisation of 7000 billion Philippine pesos ($159bn US, Â£81bn GBP).
Bursa Malaysia: which has a market capitalisation of 700bn Malaysian Ringgits ($189bn US, Â£97bn GBP).
Thailand Stock Exchange: the principal functions of the Thailand stock market is the listing of securities. It also supervises the activities of the listed companies. It has a market capitalisation of 5,853bn Baht (Â£174bn US, Â£88bn GBP).
Other exchanges currently in development for availability later in the year include Taiwan and Korea (KOSDAQ).
Gordon Bloor added: âThe additional exchanges reflect Tenforeâs strategy of building on its Western European and North American strengths to provide a full range of global data. In the age of program trading, it is crucial that data users such as hedge funds know they can trust the vendor to deliver accurate data as quickly and reliably as possible. Our global network of ticker plants2 ensures the data goes straight from the exchange to the user, which is important for applications such as algo trading where microseconds make all the difference.â