South African exchange unveils high-speed service

The Johannesburg Stock Exchange said it has responded to demand from UK firms for a co-location centre

The Johannesburg Stock Exchange has confirmed plans to attract more high-speed traders to its markets through a service called co-location, a move first reported by Financial News last month.

The South African exchange, which runs on the London Stock Exchange Group's MillenniumIT technology, said in a statement today that it hoped to complete the construction of the new co-location facility in the first half of 2014.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump