Colt reduces latency between Asian stock exchanges
Colt Technology Services has successfully managed to reduce latency between Tokyo and Hong Kong stock exchanges creating the fastest connectivity between the two regions.
Colt has been supplying an ultra-low latency network between the Japan Exchange Group and Hong Kong Exchanges since 2010 and is now able to offer the fastest speeds required for high-frequency trading in order to meet the needs of financial organisations.
Fast connectivity is critical for enabling trading platforms to execute trading strategies faster. In addition, capital market participants can also benefit from a faster and more secure network.
“Colt has been investing in ultra-low latency infrastructure in order for our clients to realise trades on multiple exchanges, with faster and more reliable connectivity,” said Masato Hoshino, head of Asia at Colt. “Having an advantage in execution speed is essential in a competitive market, and Colt’s ultra-low latency network is a preferred solution for many of our financial services customers. Colt was ranked as one of the leading providers of network connectivity services for the Japan Exchange Group (JPX) two years ago. We will never be satisfied with the status quo and will continue to invest to provide better service to the financial community, especially in low latency connectivity, together with highly reputed customer services.”
The news comes in line with Colt’s previous announcement that it was prioritising its network for enterprises and announced a three-year investment plan focusing the upgrade and expansion of the capacity and reach of its network.
In related news, earlier this year Colt announced that Annette Geuther was named as vice president of business development. In her new role, Geuther will report to Colt’s CCO Keri Gilder and will support the company as it continues to invest in 5G, edge computing, SDN, NFV, capital markets as well as cyber security.