VELA’s DMA Platform Listed in JPX Website with an Eye to Further Expand into APAC


VELA, an independent provider of trading and market data technology, has announced that its award-winning Direct Market Access (DMA) platform is now available in the Japan Exchange Group (JPX) site in Tokyo region.

The access to the Tokyo region through JPX will strengthen the company’s presence in the APAC region and also well bodes with the firm’s wider expansion plans in the region to enable clients to trade additional markets, locally and globally. This will ensure Vela’s platform to deliver execution and market data in the JPX co-location space in Tokyo. The DMA platform provides ultra-low latency and fully normalized access to all major derivative exchange for both buy and sells side clients.

Collaborating with JPX was the next logical step for Vela’s pursuit of global expansion, with further points of presence in markets in the Asia Pacific region such as Singapore Exchange (SGX) and the Stock Exchange of Hong Kong Limited (HKEX).

Ryusuke Yokoyama, Senior Executive Officer and CIO at JPX commented:

“We are delighted to welcome Vela to our co-location space. Vela, a rapidly growing independent service provider, is providing low latency OSE market data distribution and order entry to users and we hope this expansion improves user convenience and assists smoother trading activities. Vela supports our focus on working with quality partners, and we look forward to building upon this relationship.”

Ollie Cadman, Global Head of Product Management and Business Operations at Vela, commented:

“Vela is seeing growing demand for execution and market data services within the APAC region, as evidenced by our latest major client going live in the JPX co-location area. Clients are looking to deploy more global trading strategies and seek new opportunities outside of their traditional home markets.” He continued, “Over 70% of the orders placed on the JPX markets is from within their co-location environment, and the performance and risk characteristics of our DMA Platform is a perfect fit for clients looking to access the liquidity within this market.”