Colt Launches ASX-CME Connection

Colt Technology Services has launched its new ultra-low latency service connecting the Australia Securities Exchange (ASX) and the Chicago Mercantile Exchange (CME).


Adding to the lowest latency available in the industry, the implementation of this new route allows Colt to offer protected services to ASX with the implementation of this new route. The new route is part of Colt’s strategic expansion programme to upgrade low latency routes between key exchanges and financial markets.


Andrew Housden, Vice President of Capital Markets
Andrew Housden, Vice President of Capital Markets

Colt’s Andrew Housden, Vice President of Capital Markets, commented:


Colt is committed to serving the most demanding financial firms, combining the latest network technology with a superior customer service. This is why we are expanding and further developing our highly secure, ultra-low latency network services, which are designed to support the trading strategies of financial firms in the US, Asia Pacific region and beyond. Market participants can rely on the Colt IQ Network to gain a competitive advantage, as it provides a consistently high-quality experience across all regions.”


The new route, connecting ASX to CME, supports the requirements of buy-side and sell-side financial firms operating in the APAC region. Low latency connectivity is particularly valuable for high-frequency trading (HFT) strategies.


The improved ASX to Tokyo route offers an improved latency of less than 99.5 ms end-to-end RTD. The end-to-end round trip delay (RTD) for the new route measures less than 179 ms.


In 2017, Colt has upgraded and expanded its global network, further strengthening an already prolific service portfolio developed to connect key financial exchanges in Asia, Europe, and North America.


In October 2017, Colt announced further network optimizations to two of the company’s key low-latency routes in the APAC region: Hong Kong-to-Singapore and Sydney-to-Tokyo.


In the last two quarters alone, the connectivity solutions provider linked the Japan Exchange Group and Chicago. It also optimized key routes between major APAC exchanges such as ASX, HKEX, SGX, and JPX.


In March 2017, the company announced that its cloud-based PBX service (Private Branch Exchange – a private in-company telephone network), became available.


The ultra-low latency routes developed by Colt connect major financial services institutions, from exchanges to investment banks, asset managers, high-frequency traders, and other market participants.