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Colt Technology Services has announced the expansion of its U.S. capabilities by connecting the Apollo South Transatlantic route directly to New Jersey Fibre Exchange (NJFX). This connection enhances network performance for businesses operating in New Jersey and New York.
Apollo South, part of Colt’s transatlantic subsea cable system, links Lannion, France, to New Jersey. The integration with NJFX strengthens Colt’s global digital infrastructure by providing increased capacity, reliability, and security for enterprises requiring high-performance network services.
“Businesses today operate in a highly interconnected global economy”
Buddy Bayer, Chief Operating Officer at Colt, commented, “Businesses today operate in a highly interconnected global economy that demands secure and resilient digital infrastructure. This latest expansion delivers effortless access to Colt’s powerful global fiber network.”
The connection allows financial services firms, retailers, and multinational enterprises to access Colt’s low-latency network. By integrating with NJFX, Colt enhances data transfer between major financial hubs and improves network transparency for its clients.
Gil Santaliz, CEO of NJFX, stated, “The new connection provides Colt and NJFX customers with expanded network access in New Jersey. This strategic expansion delivers high-performance connectivity while supporting the digital infrastructure needs of global businesses.”
Colt continues to invest in its network capabilities by expanding its reach in the U.S. The direct link between Apollo South and NJFX provides organizations with optimized connectivity while ensuring high-speed, secure data transfer between Europe and North America.
Colt Streaming Data Feeds From NYSE, NASDAQ, OPPRA
Colt recently expanded its capital markets data solutions into two of the world’s largest stock exchanges, the New York Stock Exchange (NYSE) and National Association of Securities Dealers Automated Quotations (NASDAQ), along with the Options Price Reporting Authority (OPRA), substantially increasing its global capital market data portfolio.
The project is set to be fully operational before the end of 2024, opening access to the data feeds from NYSE, NASDAQ, and OPRA to Colt’s global network.
This expansion will grant Colt’s global network access to critical data from these leading U.S. exchanges. To accommodate the extensive data processing demands, Colt has invested heavily in fortifying its U.S. infrastructure. These upgrades aim to ensure secure, ultra-low latency market data feeds that are resilient and non-disruptive. Colt has also prioritized robust disaster recovery capabilities, aligning with the stringent requirements of the financial markets.
Additionally, Colt is emphasizing cloud-based solutions through its service, Colt Market Data in the Cloud. This service allows raw multicast market data to be delivered efficiently to companies’ cloud environments, specifically through Amazon Web Services (AWS). By minimizing cost and complexity, the service delivers unconverted market data to exchanges, trading firms, and market data vendors throughout Europe and the Asia Pacific. To enhance performance monitoring, Colt also provides a Market Data Monitoring System, offering real-time insights into the health and usage of market data feeds.
To support these new offerings, Colt has introduced new Points of Presence (POPs) in New York and upgraded its infrastructure to 100Gbps. This upgrade ensures high-speed bandwidth capable of handling significant data volumes. The expanded infrastructure is reinforced by Colt’s Transatlantic subsea cable systems, providing secure connectivity across continents, vital for firms relying on seamless transoceanic communications.
Colt’s capital market solutions already cover over 80 exchanges and liquidity venues globally, including in the United States, where the market infrastructure provider connects clients to major US exchanges under the CME Group, including the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and The Commodity Exchange (COMEX).
Through the group’s expansion, Colt will now also carry data distribution licenses for the Minneapolis Grain Exchange (MGEX) and Bursa Malaysia Derivatives (BMD).
