Colt Preps Tokyo, CME, SGX Connectivity for TOCOM J-Gate Move
When TOCOM moves its trading engine, Colt will be able to provide client access via multiple datacenters and its PrizmNet global financial extranet.
TOCOM will begin trading products on J-Gate on Sept. 20, and will shut down its existing proximity hosting site in Colt’s TDC1 datacenter (previously owned by Japanese datacenter and network provider KVH Telecom, which Colt acquired in 2014) and advise clients to move to a new proximity hosting site in Japanese datacenter operator @Tokyo’s proximity site.
Following the move, Colt will provide vendor-of-record access to TOCOM data at @Tokyo or JPX’s JPXAll co-location site, as well as via CME Group’s co-location center in Aurora, Illinois, the Singapore Exchange’s co-location center, and other sites where Colt and its Prizmnet financial extranet have points of presence (PoPs). In each location, Colt can provide managed co-location services, equipment and support, or can deliver raw TOCOM data to existing racks via Prizmnet, content from other vendors and trading platforms, and low-latency connections to other markets.
Officials say the PoPs at CME and SGX are key because clients that trade on TOCOM often use strategies that involve arbitrage trading against CME and SGX.
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