Minutes trader Arbinet-thexchange Inc. has expanded its exchange infrastructure and regional support in Hong Kong.
The company has activated a switch in the Sino Favour Center, Hong Kong, so members there can trade with other world markets without making large investments in infrastructure or workers.
Arbinets Asia membership includes Japan Telecom, KDD, New World Telecommunications and Philippine Long Distance Telephone Company.
“The Asia-Pacific region now represents an astounding 41 percent of the worlds telephony subscribers and it is the fastest-growing telecom region,” explains Curt Hockemeier, Arbinet president and CEO. “Arbinets expansion into Hong Kong will give Arbinet a more geographically diverse platform to increase liquidity in these markets, and create new buy and sell opportunities for all members worldwide.”
Arbinet also has doubled capacity between its Hong Kong and Los Angeles exchange delivery points to support trading between those cities.