Colt Adds Low-Latency TOCOM Data Feeds Enhancing its MarketPrizm Service

Colt Technology Services, a provider of on-demand network and communications services, announced today that it has become a market data provider for the Tokyo Commodity Exchange (TOCOM).

The latest development from Colt comes a week after the firm announced that it had launched a partnership with TraderServe, Aquis Exchange, and TRADEcho, bolstering its compliance regime and extending its PrizmNet financial extranet solution in a bid to foster connectivity to a Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-based ecosystem of MiFID II solutions.

The service is set to launch alongside the scheduled migration of TOCOM’s derivatives trading to the J-GATE trading system operated by Japan Exchange Group.

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

J-GATE Platform

Firms with trading infrastructure will be able to access ultra-low-latency TOCOM ITCH1 market data in raw format for all TOCOM products, including its key gold, rubber and oil contracts.

Firms will also be able to take advantage of a full range of connectivity and colocation services provided by Colt.

TOCOM ITCH is a high-speed data-feed interface provided by Nasdaq that allows customers to receive market information about derivative trading activities, including the display of data related to added, executed, modified, or cancelled orders.

Firms will also be able to take advantage of a full range of connectivity and colocation services provided by Colt, including the Colt PrizmNet financial extranet, ultra-low-latency network services, and MarketPrizm2 Premium Colocation.

The migration of TOCOM trading to the J-GATE trading system will make it easier for local and international traders to trade Japanese commodities products at lower latencies.

Richard Man, Head of Solution Sales, Capital Markets for Colt in Asia Pacific, said: “Colt’s ultra-low-latency market data solutions are ideal for market participants utilising latency-sensitive trading strategies, wherever they are based around the world.”

He continued: “Traders can also explore potential trading opportunities by taking advantage of our 50+ market data feeds from exchanges around the world, as well as direct market access services at 50+ cross asset class venues and exchange colocation capabilities at 25+ venues globally”.

MarketPrizm Enhancement

The TOCOM data feeds further enrich Colt’s MarketPrizm Market Data service, which is part of Colt’s capital markets offering and includes high-speed data feeds for equities, derivatives, commodities, and FX from more than 50 exchanges and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term venues worldwide.