2011-01-10
By Editor, CIR
Colt is to provide a proximity hosting service for financial institutions seeking to connect to the London Stock Exchange Group (LSEG) data centre, located in the City of London. Developed in partnership with LSEG, the new low latency service will enhance the portfolio of hosting solutions available to the Exchange’s customers through Colt’s comprehensive portfolio of proximity services.
Colt’s proximity hosting service offers connectivity with sub 100 microseconds round-trip latency to the London Stock Exchange Group's markets, including the new ultra-fast Millennium Exchange trading platform underpinning the Turquoise market, and the London Stock Exchange's Main Market from later this year. Clients will also be able to make use of a range of other Colt services, including proactive monitoring and managed services.
The new service will complement the LSEG’s already established co-location service, which allows clients to locate their trading equipment physically within the Exchange's primary data centre facility – as close as possible to the matching engines and market data system. The new proximity service provides further choice for customers looking to connect to the Group’s data centre and will help meet continued market demand for high frequency trading connectivity options.
Antoine Shagoury, chief information officer, London Stock Exchange Group, said: “Our new partnership with Colt marks another step forward in our efforts to expand and enhance access options to the group’s markets. This new proximity hosting service will complement our established co-location offering, providing additional choice for customers looking to access our central London data centre”.
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