Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

FTAC ATHENA ACQUISITION CORP.

(FTAA)
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Pico : Expands Its Asia-Pacific (APAC) Footprint into Australia

08/31/2021 | 06:01pm EDT

Pico, a leading provider of mission critical technology, data and analytic services for the financial markets community, continues its global expansion efforts by launching its colocation services in the Australian Liquidity Centre (ALC) for access to the Australian Securities Exchange (ASX) and Chi-X Australia (located in Equinix SY2).

Operating from its new Sydney base, Pico will support clients in accessing this important market, with ASX among the top 20 exchanges globally by market cap, and with dark mid-point matching for best execution. Pico will provide dedicated and shared infrastructure options, comprehensive infrastructure procurement, connectivity, and hosting, all supported by on-site engineering and data center management expertise. In addition to ASX and Chi-X market data, Pico will offer tailored technology solutions based on its global market data services. Furthermore, through Pico’s ASX connectivity, clients can access more than 60 dual-listed stocks of New Zealand’s top companies.

“We are delighted to extend the reach of our globally comprehensive technology solutions to Australia – including our Layer 1 ultra-low latency connectivity – which is available to market participants trading on the Australian Securities Exchange,” said Roland Hamann, Chief Technology Officer & Head of APAC at Pico. “With the continued increase in electronic trading across all asset classes, market participants now require global access and connectivity to all liquid and electronic markets. Our global expansion efforts remain focused on supporting clients to move fast, access new markets and to harness new opportunities.”

Opening in Australia marks yet another milestone in Pico’s rapid APAC expansion, having recently added China to its global footprint. With support from local teams, Pico now serves electronic trading participants across the APAC region, with comprehensive connectivity and venue presence across APAC in Singapore (SGX and SG1), Hong Kong (HKEx and HK5), Japan (JPX, CC2 and TY3), the Republic of Korea (KTY and BUSAN) and Taiwan (TWSE and BQ).

Pico has built a cloud infrastructure for financial markets participants with mission critical exchange connectivity spanning 47 data centers traversing all key global market centers in the Americas, Europe and Asia. Its resilient proprietary network, PicoNetTM, is a globally comprehensive, low-latency and fully redundant network connecting all major financial data centers with access to major public cloud providers. This allows Pico the technical capability to offer any financial market data anywhere to its clients for true borderless trading. The combination of Pico’s global infrastructure and data services with its analytics and machine intelligence solution, Corvil Analytics, contributes to clients being equipped with cutting-edge solutions to meet ever-changing market conditions.

Pico/Athena

On August 4, 2021, Pico announced that it had entered into a definitive agreement for a business combination with FTAC Athena Acquisition Corp. (Nasdaq: FTAA), a special purpose acquisition company. Upon closing of the transaction, the combined company will operate as Pico. The transaction reflects a pro forma enterprise value for the combined company of approximately $1.4 billion. The business combination, which has been unanimously approved by the boards of directors of both Pico and FTAC Athena, is targeted to close in late 2021, subject to stockholder approvals and other customary closing conditions.

About Pico

Pico is a leading provider of technology services for the financial markets community. Pico provides a best-in-class portfolio of innovative, transparent, low-latency markets solutions coupled with an agile and expert service delivery model. Instant access to financial markets is provided via PicoNet™, a globally comprehensive network platform instrumented natively with Corvil analytics and telemetry. Clients choose Pico when they want the freedom to move fast and create an operational edge in the fast-paced world of financial markets.

To learn more about Pico, please visit pico.net.


© Business Wire 2021
All news about FTAC ATHENA ACQUISITION CORP.
08/31PICO : Expands Its Asia-Pacific (APAC) Footprint into Australia
BU
08/23Certain Class B Ordinary Shares of FTAC Athena Acquisition Corp. are subject to a Lock-..
CI
08/16FTAC ATHENA ACQUISITION : Management's Discussion and Analysis of Financial Condition and ..
AQ
08/16Ftac Athena Acquisition Corp. Reports Earnings Results for the Second Quarter Ended Jun..
CI
08/04FTAC ATHENA ACQUISITION : Pico to Go Public via Merger with FTAC Athena Acquisition Corp.
MT
08/04FTAC ATHENA ACQUISITION CORP. : Entry into a Material Definitive Agreement, Unregistered S..
AQ
08/04FTAC ATHENA ACQUISITION : Pico, a Leading Provider of Technology Solutions for the Global ..
BU
08/04Pico Quantitative Trading Holdings LLC entered into a Business Combination Agreement to..
CI
06/08FTAC ATHENA ACQUISITION : Management's Discussion and Analysis of Financial Condition and ..
AQ
06/08Ftac Athena Acquisition Corp. Reports Earnings Results for the First Quarter Ended Marc..
CI
More news
Financials (USD)
Sales 2020 - - -
Net income 2020 -0,01 M - -
Net Debt 2020 - - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 340 M 340 M -
EV / Sales 2019
Capi. / Sales 2020 -
Nbr of Employees -
Free-Float 75,0%
Chart FTAC ATHENA ACQUISITION CORP.
Duration : Period :
FTAC Athena Acquisition Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Amanda J. Abrams President & Chief Executive Officer
Douglas Listman Chief Financial Officer
Betsy Z. Cohen Chairman
Daniela Anne Mielke Independent Director
Jewelle Bickford Independent Director
Sector and Competitors
1st jan.Capi. (M$)
FTAC ATHENA ACQUISITION CORP.0.00%340
INVESTOR AB (PUBL)32.38%70 212
CK HUTCHISON HOLDINGS LIMITED-1.57%26 276
GROUPE BRUXELLES LAMBERT SA19.34%17 478
HAL TRUST30.05%15 019
AB INDUSTRIVÄRDEN (PUBL)2.33%14 031