Colt Technology Services, a provider of high-bandwidth connectivity solutions, has lowered the latency on its European PrizmNet routes, targeting the high frequency trading (HFT) needs of financial brokers, investment funds and banks, and FX-related applications.
Following the firm’s recent investment in ultra-low latency PrizmNet infrastructure in Asia, Colt has now implemented next-generation Arista 7130 Layer 1 switches (also known as Metamako Metamux) within its PrizmNet European core in order to reduce latency connectivity between liquidity hubs and exchanges including Equinix London (LD4) and London Stock Exchange (LSE), LD4 and Interxion London (IXL), LD4 and Equinix Frankfurt (FR2), IXL and FR2, IXL and Equinix Zurich (ZH4), and IXL and Bolsa de Madrid Colocation (BME).
According to Colt, both customers connected to these networks and service providers that use PrizmNet to connect to away markets or to execute to brokers or market data services, will automatically benefit from the latency reductions.
“We know that every microsecond counts for capital markets participants. The latency reductions on these important European routes will help our PrizmNet customers improve their trading performance and execution success rates,” says Matthew Reinholds, Colt’s head of capital markets for the US and Europe.