Share Name Share Symbol Market Type Share ISIN Share Description
Beeks Fin.Cloud LSE:BKS London Ordinary Share GB00BZ0X8W18 ORD GBP0.00125
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 126.00p 124.00p 128.00p 126.00p 123.00p 126.00p 0 09:00:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 5.6 0.7 2.4 53.2 63.91

Beeks Financial Cloud Group PLC Beeks adds Singapore location at SGX

26/06/2018 7:00am

RNS Non-Regulatory


TIDMBKS

Beeks Financial Cloud Group PLC

26 June 2018

Beeks Financial Cloud Group plc

("Beeks")

Beeks Financial Cloud adds Singapore location at SGX

Glasgow, June 26, 2018 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce the addition of Singapore as a new datacentre location.

Beeks has taken space within Singapore Exchange's (SGX) own colocation facility in order to provide cloud and hosting services. This is Beeks' first point of presence in Singapore and provides Beeks' clients with greater access to Asian markets. SGX is Asia's most international, multi-asset exchange, therefore Beeks' space within SGX's colocation facility will allow its customers access to a wide range of trading and market data within equities, fixed income and derivatives asset classes. With direct fibre connectivity to Beeks' Tokyo, Hong Kong and London datacentres, this new location will act as a hub for customers looking for ultra-low latency connectivity options.

Ng Kin Yee, Head of Market Data & Connectivity at SGX, commented: "SGX's colocation facility is the venue of choice for market participants looking to connect to Singapore's fast growing financial trading community. We are pleased to welcome Beeks Financial Cloud to be part of this ecosystem and look forward to them providing more diverse connectivity and diverse solutions for the marketplace."

Gordon McArthur, CEO of Beeks Financial Cloud, commented: "We have been looking to expand our presence in Asian markets and I'm pleased to announce our collaboration with SGX as a means of achieving this. The funds raised by our IPO were aimed specifically at helping us to grow in Asia and therefore this is a step towards this goal. The move will allow Beeks to better fulfil the requirements of our clients by offering a wider variety of locations and connectivity options, and to attract more clients looking for setup in this space."

For further information please contact:

 
 Beeks Financial Cloud Group plc 
 Gordon McArthur, CEO                             via Alma PR 
 Simon Goulding, CFO 
 
 Cenkos Securities plc                     +44(0)131 220 6939 
 Derrick Lee / Beth McKiernan 
 
 Alma PR                                   +44(0)20 8004 4219 
 Caroline Forde / Josh Royston / Helena 
  Bogle 
 

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a UK-based low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in Forex, Futures, Equities, Fixed income and cryptocurrency financial products. With nine data centres globally and low-latency connectivity between sites, the Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients. For more information, visit: www.beeksfinancialcloud.com.

ABOUT SINGAPORE EXCHANGE

Singapore Exchange (SGX) is Asia's leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia's most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and 75% of listed bonds originating outside of Singapore.

SGX is the world's most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRAZELFLVQFZBBK

(END) Dow Jones Newswires

June 26, 2018 02:00 ET (06:00 GMT)

1 Year Beeks Fin.Cloud Chart

1 Year Beeks Fin.Cloud Chart

1 Month Beeks Fin.Cloud Chart

1 Month Beeks Fin.Cloud Chart
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V:gb D:20180925 08:50:45