Realises less than 87ms, the fastest connectivity in market between SGX and ASX
(Singapore), 9 August, 2022 – Colt Technology Services, a leading provider of agile, high-bandwidth connectivity solutions, today announced that it has substantially reduced the latency between the Singapore and Australian exchanges, realising the fast connectivity in the market of less than 87ms*.
The optimisation further strengthens Colt’s ultra-low latency network and proposition in the region, providing faster connectivity that meets the high-frequency trading (HFT) needs of financial organisations, including financial brokers, investment funds and banks, and FX-related applications.
The low latency route upgrade follows recent upgrades and additions to Colt’s other ultra-low latency routes, including new ultra-low latency routes between the SET, HKEX and SGX, between JPX and HKEX, HKEX to SGX and ASX to CME, as well as new services connecting markets in South Korea and Taiwan. This is an addition to other markets across Asia, Europe and the US, where Colt is a market leader in connectivity, hosting and exchange colocation facilities provision.
Arthur Rank, Global Director, Capital Markets Solutions, said: “We are continuing to invest heavily in upgrading our ultra-low latency infrastructure in the Asia-Pacific and around the world. The SGX-ASX route is particularly important for derivative and FX players in the region. We will continue to push the envelope to bring the fastest connectivity speeds in a competitive market. ”
He continued: “Fast connectivity is critical for enabling capital market firms of all kinds to execute trading strategies faster. Our highly secure ultra-low latency network services are used by the most demanding buy-side and sell-side firms in key liquidity hubs globally, including Tier 1 financial institutions. We are committed to helping them thrive in the Asia-Pacific.”
Recognised as a Visionary in the Gartner 2022 Magic Quadrant for Network Services, Colt also received Frost & Sullivan’s 2021 European Customer Value Leadership Award. The company’s industry-leading Net Promotor Scores (NPS) reflect Colt employees’ high motivation.
* Round-trip latency values measured with 1000Base-X and 64-byte packets on a 1Gbps test line between Colt POPs located at ASX and SGX Building.