Click here to close now.



Welcome!

News Feed Item

TOCOM Deploys KVH's Industry Leading Ultra-Low Latency Networks between Tokyo and CME's Data Center

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.”

About KVH

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

About TOCOM

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

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
As someone who has been dedicated to automation and Application Release Automation (ARA) technology for almost six years now, one of the most common questions I get asked regards Platform-as-a-Service (PaaS). Specifically, people want to know whether release automation is still needed when a PaaS is in place, and why. Isn't that what a PaaS provides? A solution to the deployment and runtime challenges of an application? Why would anyone using a PaaS then need an automation engine with workflow ...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, will discuss how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved effi...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...