Colt to Expand Proximity Hosting Data Service

The vendor is also expanding the service to cover the US market, via its three points of presence in the New York area.

Though Colt has not yet finalized a timeline for rolling out its expanded service, officials say the vendor is currently in discussions with a range of exchanges, along with existing and new potential customers.

The decision to expand the service has been driven by strong demand for Colt's recently launched proximity hosting service for market data and trading on Deutsche Börse

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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