Colt to Link First Proximity Services Client

Colt will provide datacenter hosting services enabling the undisclosed large sell-side European institution to host its servers closer to the trading infrastructure and across different datacenters, and allowing the firm to build up split installations and backup locations, says a Colt spokesperson. The customer will be able to update its systems and trading strategies remotely from the customer's office, the vendor spokesperson adds.

"We've got dark fiber running between the exchange ticker

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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