Data centre operator Colt Technology Services has upgraded its existing Tokyo to London circuits to provide new and ultra-low latency speeds to the major financial centres in Asia and Europe, according to a company statement.
The development will benefit traders in London 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 Europe’s major hub.
The new upgrade has lowered the latency between London and Tokyo to less than 159 milliseconds, making it an especially important circuit to banks and financial institutions transacting with European markets.
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The decrease in milliseconds will result in even lower latency and faster execution, empowering Colt’s customers to maximize the number of trades processed on the ultra low latency network. This is particularly important to banks, high frequency trading (HFT) firms, FX related applications, and other financial organizations, that now have a super-fast single point of access to international trading opportunities.
The new advancement further validates Colt’s offering of delivering specialist intra-region connectivity to the international financial community. The company boasts outstanding network latency rates in and out of North American and European markets as well as an extensive knowledge of connectivity in Asia and the Middle East.
Commenting on this, Andrew Housden, VP of Capital Markets at Colt, said: “We are committed to providing global financial firms with a very fast and reliable network infrastructure together with superior customer experience. This is why we are investing heavily in low latency connectivity between the key financial centres and exchanges in Asia, Europe and North America. This year, we have announced improved latency on our Chicago to Tokyo network route and key APAC routes. We are now focusing on the Tokyo to London route. Firms are increasingly using their network to gain a competitive advantage and the Colt IQ Network provides a consistently high experience across all regions.”