Colt, Koscom Agree Connectivity Partnership

Koscom will leverage Colt's network and co-location facilities to increase participation from international investors on the Korea Exchange.

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Under the agreement, Koscom will use Colt's low-latency global network service infrastructure to complement its own Stock-Net financial network in Korea. Both parties hope to benefit from leveraging each other's local and global network and exchange co-location footprints.

Officials say the partnership will "lower the technological barriers" to foreign investors trading the Korean markets, while discouraging Korean financial firms from trading in other financial centers.

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