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.
There may also be furt
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails