Colt Brings Asia's Major Stock Exchanges Closer with Revamped Low Latency Trading Routes
12 October 2017 - 12:00PM
JCN Newswire (English)
Introduces top-class connectivity between HKEX and SGX, as well as
ASX and JPX
Hong Kong, Singapore, Sydney, Tokyo, Oct 12, 2017 - (ACN Newswire)
- Colt Technology Services today announced further network
optimisations to two of the company's key low-latency routes in the
APAC region. Connectivity is available for service now and provided
through the company's private Ethernet-based Colt IQ Network*1.
Latency for the Hong Kong-to-Singapore route has been reduced to
approximately 29ms (RTD) going from the Hong Kong Stock Exchange
(HKEX) to the Singapore Exchange (SGX). Latency for the
Sydney-to-Tokyo route has been reduced to approximately 99ms (RTD)
going from the Australian Securities Exchange (ASX) to the Japan
Exchange Group (JPX/CC2)*2. For both routes, the latency numbers
above currently represent the top tier among all providers.
These optimisations continue a series of enhancements to Colt's
highly touted IQ Network, including a similar revamp of its
Tokyo-Chicago circuit in May. Colt has also been remarkably active
in the proliferation of its network presence at key endpoints for
these routes. The company unveiled fibre expansion projects in its
48th and 49th metro area networks earlier this year in both Hong
Kong and Singapore.
Strong demand from the financial services sector lies at the core
of Colt's network improvement efforts with each latency reduction
promoting greater liquidity between stock exchanges in each
Colt-linked city. In addition to market participants at HKEX and
SGX, as well as ASX and JPX, traders from all around the globe
stand to benefit from the recent optimisations.
Colt's Andrew Housden, Vice President of Capital Markets, stated,
"Our company continues to push the envelope with ultra-low-latency
connectivity. Every micro-second counts for our customers, a fact
that drives us to constantly innovate and optimise, not just for
capital markets, but all data-dependent enterprises - from media to
manufacturing - that count on our secure, high-bandwidth
connectivity to function and thrive in today's digital market. The
Colt IQ Network continues to drive business through
technology."
*1 100Gbps-capable network optimised for SDN, NFV and cloud
services, connecting commercial sites and data centres
*2 Figures based on internal Colt testing accurate as of August
2017
About Colt
Colt aims to be the leader in enabling customers' digital
transformation through agile and on-demand, high bandwidth
solutions. The Colt IQ Network connects over 800 data centres
across Europe, Asia and North America's largest business hubs, with
over 25,000 on-net buildings and growing.
Colt has built its reputation on putting customers first. Customers
include data intensive organisations spanning over 200 cities in
nearly 30 countries. Colt is a recognised innovator and pioneer in
software defined networks (SDN) and network function virtualisation
(NFV). Privately owned, Colt is one of the most financially sound
companies in its industry and able to provide the best customer
experience at a competitive price. For more information, please
visit www.colt.net.
Press contacts
Chen Liang
Corporate Communications Group
Colt Technology Services Co., Ltd.
Email: asia-press@colt.net
Phone: +81 3 4560 4480
Matthew Schultz
Think Alliance Group for Colt
Phone: +852 3978 5321
Email: matt.schultz@think-alliance.com
Source: Colt
Copyright 2017 ACN Newswire . All rights reserved.
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