NEW YORK--(BUSINESS WIRE)--Nov 17, 2020--

Telstra, a leading global telecommunications and technology company, has announced the launch of the Telstra Octagon, a global financial trading solution that provides organizations with low latency connectivity directly into eight of the world’s most valuable futures and commodities marketplaces.

Designed for multi assets, equities, fixed income, commodities, money markets, forex, futures, and derivatives trading, the Telstra Octagon platform gives organizations the ability to trade faster across key exchanges. Using the Telstra Octagon, organizations can leverage direct connections to access trading floors in the U.S. and Asia-Pacific region, including the CME and ICE exchanges in the U.S. as well Australia, Hong Kong, Singapore, Taiwan, South Korea and Japan. The state-of-the-art connectivity can help companies speed price discovery, risk analysis, smart order routing, flow and matching, trade execution and settlement.

“The Telstra Octagon was designed to enable global financial trading firms to thrive in the hyper-competitive trading world of today where the difference between success and failure is measured in milliseconds,” said Nicholas Collins, president, Telstra Americas.

The platform provides increased control over trading performance thanks to Telstra’s trans-Pacific subsea cable networks. Telstra owns and operates the largest subsea cable system with more than 250,000 miles of subsea cables globally that connects the world with Asia, currently carrying nearly one-third of all Asia-Pacific internet traffic.

Priority end-to-end access to the networks enables financial and trading organizations to respond to market-moving events as they happen and execute investment strategies across Asian, Australian and U.S. capital markets. Additional benefits include Telstra’s network redundancy, resilience and market access.

Deep technology experience and local support staff throughout Asia enables Telstra to quickly implement a pre-built, yet highly adaptable trading platform that can be specifically customized for each organization.

“These are challenging and unprecedented times for global finance, and we believe that the Telstra Octagon will provide both established and upcoming organizations the ability to trade faster across key exchanges between North America and the dynamic markets in the Asia-Pacific region,” Collins continued.

About Telstra

Telstra is a leading telecommunications and technology company with a proudly Australian heritage and a longstanding, growing international business. We have been operating in the Americas for over 25 years under the Telstra Enterprise division, which provides data and IP transit, internet connectivity, network application services such as unified communications and cloud, and managed services to over 500 businesses in 160 cities in the region. Our products and services are supported by one of the largest fiber optic submarine cable systems reaching Asia-Pacific and beyond, with licenses in Asia, Europe and the Americas, and access to more than 2,000 points-of-presence around the world. Through our unparalleled network reach and reliability as well as market-leading customer service and expertise, we connect businesses in the Americas to some of the world’s fastest growing economies, including China, Southeast Asia, North Asia, and Australia. Think Asia, Think Telstra. For more information, please visit www.telstra.com/americas.

CONTACT: Jim Hughes, Bubble Agency (USA)

T. +1 323 397 7077

KEYWORD: NORTH AMERICA UNITED STATES ASIA PACIFIC AUSTRALIA AUSTRALIA/OCEANIA NEW YORK

INDUSTRY KEYWORD: OTHER MANUFACTURING TECHNOLOGY MANUFACTURING MOBILE/WIRELESS PUBLIC RELATIONS/INVESTOR RELATIONS OTHER ENERGY FINANCE CONSULTING SECURITY COMMUNICATIONS BANKING SATELLITE ENERGY PROFESSIONAL SERVICES TELECOMMUNICATIONS OTHER NATURAL RESOURCES SOFTWARE NETWORKS INTERNET HARDWARE NATURAL RESOURCES

SOURCE: Telstra

Copyright Business Wire 2020.

PUB: 11/17/2020 10:03 AM/DISC: 11/17/2020 10:03 AM

Copyright Business Wire 2020.

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