Data centre operator Colt Data Centre Services and Japan Exchange Group have teamed up to offer ultra-low latency connectivity between the financial centres of Chicago and Tokyo. The agreement will benefit traders in Chicago who will be able to turbocharge their trading through a super-fast connection to Tokyo, and also Japan’s venues that require low-latency connectivity to Chicago. Connectivity is now available for the Japanese bourse’s inter-exchange service 'JPX-Chicago Colocation Direct' and provided through the company’s private Ethernet-based Colt IQ Network. Exchange venues across the globe already tap Colt’s network which links financial hubs in the US and Japan. Colt IQ Network already connects over 800 data centres across Europe, Asia and North America's largest markets, with over 25,000 on-net buildings. The initiative also helps eliminate the need for additional high-speed digital connectivity between the premier trading venues. It is powered by Colt's existing points of presence, which are colocated with both JPX and Chicago's Aurora and Cermak data centres. Earlier last week, Colt introduced faster network connectivity to two of the provider's key low-latency routes in the APAC region. Commenting on the partnership, Andrew Housden, VP of Capital Markets at Colt, said: "Colt has faithfully served the capital markets sector for over 20 years. We have the ability, confidence, technology and track record to continue providing trading participants with the best solutions available for market success. We're honoured that JPX has chosen our network connectivity to serve the mission-critical needs of financial firms and traders across the globe." Ryusuke Yokoyama, Senior Executive Officer at TSE, added: "JPX and Colt have had a long-standing partnership that has created value not just for our respective organisations, but all capital markets participants that rely on our platform to do business. We expect 'JPX-Chicago Co-Location Direct' with Colt connectivity will boost ease-of-use for investors, especially latency-sensitive users in Chicago, as well as enhance Liquidity in the financial markets of both Japan and the US. We look forward to continuing our partnership with Colt and developing more exciting opportunities for investors."
Data centre operator Colt Data Centre Services and Japan Exchange Group have teamed up to offer ultra-low latency connectivity between the financial centres of Chicago and Tokyo. The agreement will benefit traders in Chicago who will be able to turbocharge their trading through a super-fast connection to Tokyo, and also Japan’s venues that require low-latency connectivity to Chicago. Connectivity is now available for the Japanese bourse’s inter-exchange service 'JPX-Chicago 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 Read this Term Direct' and provided through the company’s private Ethernet-based Colt IQ Network. Exchange venues across the globe already tap Colt’s network which links financial hubs in the US and Japan. Colt IQ Network already connects over 800 data centres across Europe, Asia and North America's largest markets, with over 25,000 on-net buildings. The initiative also helps eliminate the need for additional high-speed digital connectivity between the premier trading venues. It is powered by Colt's existing points of presence, which are colocated with both JPX and Chicago's Aurora and Cermak data centres. Earlier last week, Colt introduced faster network connectivity to two of the provider's key low-latency routes in the APAC region. Commenting on the partnership, Andrew Housden, VP of Capital Markets at Colt, said: "Colt has faithfully served the capital markets sector for over 20 years. We have the ability, confidence, technology and track record to continue providing trading participants with the best solutions available for market success. We're honoured that JPX has chosen our network connectivity to serve the mission-critical needs of financial firms and traders across the globe." Ryusuke Yokoyama, Senior Executive Officer at TSE, added: "JPX and Colt have had a long-standing partnership that has created value not just for our respective organisations, but all capital markets participants that rely on our platform to do business. We expect 'JPX-Chicago Co-Location Direct' with Colt connectivity will boost ease-of-use for investors, especially latency-sensitive users in Chicago, as well as enhance Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in the financial markets of both Japan and the US. We look forward to continuing our partnership with Colt and developing more exciting opportunities for investors."
