Colt Technology Services Unveils New Capital Markets Data Solution

Colt Technology Services, a provider of network and communications services for trading groups, has launched a new FPGA solution, part of its expanding market data portfolio for capital markets participants. The new solution is powered by NovaSparks and will be integrated within Colt’s existing MarketPrizm API, according to a group statement.

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In particular, capital markets participants will now be able to receive TSE’s Flex Full market data feed normalized with an FPGA solution, Colt’s latest expansion of its capital markets solutions suite. The normalized market data feed will be available at the TSE as well as bundled into Colt’s MarketPrizm API offering.

The development is important as the integrated solution facilitates the ultra-low latency performance of FPGA technology all within Colt’s API. Moreover, the managed solution will also enable clients in Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this Term to harness the feed in real-time without any additional investments or footprint.

According to Andrew Housden, Vice President, Capital Markets at Colt, in a statement on the integration: “Capital Markets firms face significant challenges to remain competitive. A number of our customers have expressed interest in a managed FPGA market data solution, combining ultra-low latency and flexibility to help them succeed – and without upfront investment costs.”

“At Colt, we thrive on putting customers first and setting the benchmark for customer experience. That’s why we are pleased to bring to market this cost-effective solution that addresses our customers’ requirements and further enhances the Colt Capital Markets portfolio,”