|By Business Wire||
|June 13, 2014 03:30 AM EDT||
KVH Co. Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan, today announced that Japan’s major commodity exchange, Tokyo Commodity Exchange (TOCOM) has selected KVH’s Global Ether-WAN, the industry’s fastest global ultra-low latency networks, for its connection between TOCOM Tokyo proximity data center and the Chicago Mercantile Exchange Group (CME) data centers in Aurora and Cermak, Illinois.
TOCOM has been experiencing an increase in overseas market participants, with foreign trading volume accounting for approximately 40% of TOCOM’s overall volume. This increased trade activity from overseas has been mainly from Hong Kong and Singapore as well as the United States. By leveraging KVH’s global ultra-low latency network for its IT infrastructure, TOCOM will provide U.S. traders with the high-speed connectivity and scalability required to capture across-market arbitrage opportunities, especially in key contracts such Gold, Rubber and Oil.
KVH’s Tokyo Data Center 1 (TDC1) has been endorsed by TOCOM as its access point location and proximity hosting provider since 2008. KVH launched its point of presence (“PoP”) in the CME Group’s new colocation facility, Aurora, Illinois in January 2011 and started offering exchange colocation services comprised of hosting, connectivity and support services. Through network optimization efforts that were announced in March 2014, KVH achieved a latency of 122 milliseconds between Tokyo and Aurora, making this route the fastest network connecting these two locations in the market today.
“KVH’s ultra-low latency network is ideal for market participants pursuing low latency driven strategies to connect to TOCOM. The trading environment in Asia is evolving rapidly, with increasing demand for higher bandwidth and reliable low latency connectivity, and we anticipate transaction volumes between Tokyo and Chicago/Aurora to continue to increase. KVH is committed to serving the needs of financial customers through reliable low latency infrastructure, and will continue to invest in expanding its geographic reach and service portfolio,” said Ted Higase, President and Chief Executive Officer at KVH.
Mr. Tadashi Ezaki, President and CEO of TOCOM said, “As Asia’s leading futures exchange, TOCOM is implementing measures to reach out to the global investment community. Through these initiatives, market participants would be able to enjoy broader access and trade more products on various markets with more arbitrage opportunities and increase liquidity. We expect KVH to continue supporting our endeavors to establish a strong foothold in Asia and other global financial and commodity markets.”
KVH is an Asia Pacific IT Services and Data Center Services Provider that was established in Japan. KVH’s Information Delivery Platform delivers integrated cloud and network solutions and best-in-class service to its customers. KVH owns infrastructure and provides services that enable clients to store, process, protect and deliver their vital business information. KVH provides IT Services, Cloud Services, Data Center Services, Managed Network Services, and Professional Services.
KVH operates the lowest latency network in Japan, and with over 500 financial services customers, is the leading provider of ultra low-latency network and proximity hosting solutions to the financial trading community in Tokyo and Osaka. KVH also offers low-latency connectivity services between major financial markets in the Asia/Pacific region and the U.S. including Tokyo, Chicago, Aurora, New York, Singapore, Hong Kong, Shanghai, Seoul/Busan, and Sydney. More information on KVH can be found at www.KVHasia.com
The Tokyo Commodity Exchange, Inc. (TOCOM) is Japan’s largest commodity futures exchange with a trading volume of 27.2 million contracts, representing a 98.6% market share, in 2013, and one of the most prominent exchanges in Asia. Futures and Options contracts on a variety of industrial products (i.e.: gold, silver, platinum and palladium in the precious metals market; crude oil, gasoline, kerosene and gas oil in the oil market; gasoline and kerosene in the Chukyo-oil market, RSS3 in rubber market) and agricultural products (soybeans, corn, azuki and raw sugar) are traded electronically. Its Gold market is most liquid in East Asia and the Platinum market is most liquid in the world. TOCOM Rubber is the established benchmark utilized globally.
TOCOM was established in 1984 as a result of a merger between the Tokyo Textile Exchange, founded in 1951, the Tokyo Rubber Exchange and the Tokyo Gold Exchange. TOCOM became a for-profit stock company in December, 2008.
TOCOM's recent achievements include launching a new trading platform based on the Nasdaq OMX technology in May 2009 and extending the night session until 4:00 JST in September 2010. The Exchange has continuously implemented series of reforms and introduced various trading rules in line with global standards to establish a sound commodity market open to the global trading communities. www.tocom.or.jp
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 26, 2017 10:15 AM EST Reads: 2,336
Stratoscale, the software company developing the next generation data center operating system, exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016.Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere, IT is empowered to take control of their data ce...
Feb. 26, 2017 10:15 AM EST Reads: 1,363
Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products and services around this fundamentally unique approach to delivering complete software release management solutions. With a combination of Addteq's services and our extensive list of partners,...
Feb. 26, 2017 10:15 AM EST Reads: 699
Tricky charts and visually deceptive graphs often make a case for the impact IT performance has on business. The debate isn't around the obvious; of course, IT performance metrics like website load time influence business metrics such as conversions and revenue. Rather, this presentation will explore various data analysis concepts to understand how, and how not to, assert such correlations. In his session at 20th Cloud Expo, Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Sys...
Feb. 26, 2017 09:45 AM EST Reads: 1,938
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Feb. 26, 2017 09:30 AM EST Reads: 1,443
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
Feb. 26, 2017 09:15 AM EST Reads: 5,413
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Feb. 26, 2017 09:15 AM EST Reads: 345
Feb. 26, 2017 09:15 AM EST Reads: 1,508
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
Feb. 26, 2017 09:15 AM EST Reads: 2,984
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
Feb. 26, 2017 09:00 AM EST Reads: 6,083
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 26, 2017 08:45 AM EST Reads: 2,220
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Feb. 26, 2017 08:45 AM EST Reads: 1,316
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his general session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore...
Feb. 26, 2017 08:30 AM EST Reads: 1,637
Feb. 26, 2017 08:30 AM EST Reads: 8,130
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Feb. 26, 2017 08:00 AM EST Reads: 6,832