Colt Technology Services has lowered the latency on its European PrizmNet routes that serve capital markets by deploying new switches from Arista Networks. Colt's PrizmNet was designed to meet the low latency, high-speed requirements of financial brokers, investment funds and foreign exchange-related applications.
Following on the heels of a recent investment in ultra-low latency PrizmNet infrastructure in Asia, Colt has installed Arista 7130 Layer 1 switches, which are also known as Metamako Metamux, within the PrizmNet European core to provide lower latency connectivity between the following hubs and exchanges:
• Equinix London (LD4) and London Stock Exchange (LSE)
• Equinix London (LD4) and Interxion London (IXL)
• Equinix London (LD4) and Equinix Frankfurt (FR2)
• Interxion London (IXL) and Equinix Frankfurt (FR2)
• Interxion London (IXL) and Equinix Zurich (ZH4)
• Interxion London (IXL) and Bolsa de Madrid Colocation (BME)
Colt said customers connected to those hubs and exchanges via PrizmNet, as well as 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 and performance enhancements on these routes.
"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," said Matthew Reinholds, Colt’s head of capital markets for the U.S. and Europe, in a statement.
Colt PrizmNet, which launched five years ago, offers access to a global capital markets ecosystem of more than 160 exchanges, venues and service providers as well as over 10,000 market participants.
Colt'a PrizmNet service is underpinned by the Colt IQ Network, which is a 100 Gbps network that’s distributed to more than 29,000 on net buildings, 900 data centers and hundreds of data network connection points around the world.