LONDON -- Colt, Europe’s leading information delivery platform, today announced it is to provide a proximity hosting service for financial institutions wanting to connect to the London Stock Exchange Group [“LSEG”] data centre, strategically located in the heart of the City. Developed in partnership with LSEG, the new low latency service will enhance the portfolio of hosting solutions available to the Exchange’s customers through Colt’s comprehensive portfolio of proximity services.

Colt’s proximity hosting service offers connectivity with sub 100 microseconds round-trip latency to the London Stock Exchange Group's markets, including the new ultra-fast Millennium Exchange trading platform underpinning the Turquoise market, and the London Stock Exchange's Main Market from later this year. Clients will also be able to leverage a range of other Colt services, including proactive monitoring and managed services.

The Colt service will complement the London Stock Exchange Group’s established co-location service, which allows clients to locate their trading equipment physically within the Exchange's primary data centre facility - as close as possible to the matching engines and market data system. The new proximity service provides further choice for customers looking to connect to the Group’s data centre and will help meet continued market demand for high frequency trading connectivity options.

Colt Technology Services Group Ltd