Colt Implements New Service Bundle Amidst JPX Collocation Migration
- Colt’s new bundle will help shore up any inconsistencies or lags as a result of the closure of JPX's open-ended colocation service.
Colt Technology Services has launched a new service bundle, OSE Next J-GATE Migration Service, which helps firms in the Japan Exchange Group Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Service (JPX Co-Lo) ‘Open’ migrate to JPX Co-Lo ‘All’, according to a Colt statement.
The new service bundle offering is important to JPX market participants and venues aiming to consolidate their respective colocation services, along with low latency market data feeds, and network connectivity. The initiative also serves as a prelude to the JPY’s Next J-GATE matching engine and consolidate colocation services, which are slated for a mid-2016 release in July.
The JPX’s Co-Lo ‘All’ will encompass both the new Next J-GATE system of the Osaka Exchange Inc. (OSE) as well as the arrownet platform of the Tokyo Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin (TSE). Colt’s new bundle will help shore up any inconsistencies or lags as a result of the closure of JPX Co-Lo (OPEN) amongst firms trading OSE derivatives from JPX Co-Lo (OPEN) as they will be migrating to the JPX Co-Lo (all) facility.
Consequently, Colt’s new service bundle will include the following attributes:
- MarketPrizm colocation in the JPX Co-Lo (all) facility
- Hardware migration and eventual purchase of new hardware
- Connectivity to Next J-GATE and brokers/vendors located inside the data centers
- MarketPrizm low latency market data feeds
According to Richard Man, Head of Solution Sales, Capital Markets for Colt in Asia Pacific (APAC) in a recent statement on the launch: “The process of moving your trading infrastructure from one data centre location to another, even if only a few hundred meters away, is a major logistical exercise for most firms.”
“With Colt’s established presence in both JPX Co-Lo facilities (OPEN and all) and its extensive services for Capital Markets, we are in a unique position to help customers with this migration. Our experience in provisioning new connectivity and managing the move of hardware, such as servers and network equipment, can help firms mitigate disruption in trading activity during the migration period,” he noted.
Colt Technology Services has launched a new service bundle, OSE Next J-GATE Migration Service, which helps firms in the Japan Exchange Group Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Service (JPX Co-Lo) ‘Open’ migrate to JPX Co-Lo ‘All’, according to a Colt statement.
The new service bundle offering is important to JPX market participants and venues aiming to consolidate their respective colocation services, along with low latency market data feeds, and network connectivity. The initiative also serves as a prelude to the JPY’s Next J-GATE matching engine and consolidate colocation services, which are slated for a mid-2016 release in July.
The JPX’s Co-Lo ‘All’ will encompass both the new Next J-GATE system of the Osaka Exchange Inc. (OSE) as well as the arrownet platform of the Tokyo Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin (TSE). Colt’s new bundle will help shore up any inconsistencies or lags as a result of the closure of JPX Co-Lo (OPEN) amongst firms trading OSE derivatives from JPX Co-Lo (OPEN) as they will be migrating to the JPX Co-Lo (all) facility.
Consequently, Colt’s new service bundle will include the following attributes:
- MarketPrizm colocation in the JPX Co-Lo (all) facility
- Hardware migration and eventual purchase of new hardware
- Connectivity to Next J-GATE and brokers/vendors located inside the data centers
- MarketPrizm low latency market data feeds
According to Richard Man, Head of Solution Sales, Capital Markets for Colt in Asia Pacific (APAC) in a recent statement on the launch: “The process of moving your trading infrastructure from one data centre location to another, even if only a few hundred meters away, is a major logistical exercise for most firms.”
“With Colt’s established presence in both JPX Co-Lo facilities (OPEN and all) and its extensive services for Capital Markets, we are in a unique position to help customers with this migration. Our experience in provisioning new connectivity and managing the move of hardware, such as servers and network equipment, can help firms mitigate disruption in trading activity during the migration period,” he noted.