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Screenshot of a breaking news alert e-mail from Q2 2017
Faster connectivity for financial organisations and enterprises
Colt Technology Services today announced it has substantially reduced latency between Tokyo to London financial centres, to less than 159 milliseconds. This network optimisation is part of Colt’s ongoing investment programme in the Colt IQ Network, addressing specific requirements of financial firms and enterprises.
The improved latency strongly supports trading strategies that rely on low latency infrastructure to better support investment banks, high frequency trading (HFT) firms, FX related applications, and other financial organisations. Further, it provides enterprises a consolidated services approach whereby they have one supplier for all their network requirements.
Andrew Housden, VP, Capital Markets at Colt, commented:
We are committed to providing global financial firms with a very fast and reliable network infrastructure together with superior customer experience. This is why we are investing heavily in low latency connectivity between the key financial centres and exchanges in Asia, Europe and North America. This year, we have announced improved latency on our Chicago to Tokyo network route and key APAC routes. We are now focusing on the Tokyo to London route. Firms are increasingly using their network to gain a competitive advantage and the Colt IQ Network provides a consistently high experience across all regions.
Earlier this year, Colt announced a three-year investment plan focused on upgrading and expanding the capacity and reach of its network, enabling it to meet the growing global customer demand for high bandwidth connectivity. This year Colt has already invested €200 million to upgrade capacity across its global Colt IQ Network.
Colt’s investment programme includes a significant revamp of low latency routes connecting key exchanges. With the network optimisations this year, Colt continues to be recognised as a top tier low latency route provider, especially in Asia, between trading venues such as the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX), the Australian Securities Exchange (ASX) and the Japan Exchange Group (JPX/CC2).