Colt targets stock exchanges for new network service

Staff writer
14 Jun 2017
00:00

Colt Technology Services announced its new low-latency network routes linking stock exchanges in Tokyo and the Chicago Mercantile Exchange.

The company said the service started last month and connectivity will be provided through the company’s private Ethernet-based Colt IQ Network.

Latency between Tokyo and Chicago will reach a speed of 121.07ms between each endpoint after network optimization, the company added. In addition, the company has also commenced optimization of other key routes in the Asia-Pacific region.

The company said the new optimizations will benefit traders in Chicago who require fast connectivity to Tokyo, or exchange venues in Tokyo that require low-latency connectivity to Chicago.

Exchange venues across the globe will be able to take advantage Colt’s ultra-low-latency network that links financial markets in Japan and America

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