JSE Preps Co-Lo Center

Map outline of South Africa

The Johannesburg Stock Exchange will open a co-location center on its premises in May, to reduce network latency for clients from 2,400 microseconds at present to about 100 microseconds, officials say.

The co-location center will initially offer space, power, cooling, and physical security for 35 hosting computer units, with 20 hosting units available to clients in May. Credit Suisse Securities Johannesburg, Fixnetix and SunGard have signed up for the service.

JSE officials say the exchange will adopt Dublin-based technology vendor Corvil's latency monitoring solution, which will be supported and implemented by service provider Dimension Data.

In light of the co-lo facility, the exchange has also upgraded its existing equity market trading solution, powered by the London Stock Exchange's MillenniumIT platform, as well as the JSE's London point of presence (PoP) at Equinix's LD4 datacenter in Slough that provides client access to the exchange's market data.

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