Colt Technology Services has introduced revamped low latency trading routes in the Asia-Pacific (APAC) region. This includes a new connectivity service between the HKEX, SGX, ASX, and JPX exchanges, constituting one of its broadest network optimisations to date.
Optimising the low-latency routes in the APAC region has been the goal of Colt and many other venues for some time, given strong demand from some of the world’s leading financial hubs. The new network optimisation will aim to help bridge routes to all four exchanges, including the upgrade of latency figures that are amongst the strongest available.
This includes the latency reduction of the Hong Kong (HKEX) to Singapore (SGX) route to 29ms. By extension, the Sydney (ASX) to Tokyo (JPX) route has been reduced to 99ms. These figures are the latest iteration of Colt’s IQ Network, an optimised network distributed to over 800 data centres in twenty-four countries.
Andrew Housden, Colt’s VP of Capital Markets, commented: “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.”
The latest APAC upgrade follows on the heels of a recent Tokyo-Chicago revamp earlier this year. Colt has been aggressively expanding its IQ Network, with the APAC optimisation representing one of its biggest developments of H2 2017. The technology group has focused on the region at length, also improving networks in Hong Kong and Singapore in 2017.
The main reason for Colt’s emphasis on the APAC region has been the importance of the financial services sector and demand for rigorous latency reduction. Each consequent improvement in this space helps promote greater liquidity between some of the world’s leading stock exchanges.