Developed in partnership with LSEG, the new low latency service will enhance the portfolio of hosting solutions available to the Exchange's customers through Colt's comprehensive portfolio of proximity services.

Colt's proximity hosting service offers connectivity with sub 100 microseconds round-trip latency to the London Stock Exchange Group's markets, including the new ultra-fast Millennium Exchange trading platform underpinning the Turquoise market, and the London Stock Exchange's Main Market from later this year. Clients will also be able to leverage a range of other Colt services, including proactive monitoring and managed services.

The Colt service will complement the London Stock Exchange Group's established co-location service, which allows clients to locate their trading equipment physically within the Exchange's primary data centre facility - as close as possible to the matching engines and market data system. The new proximity service provides further choice for customers looking to connect to the Group's data centre and will help meet continued market demand for high frequency trading connectivity options.

With its long-standing role in underpinning financial trading, Colt was selected by London Stock Exchange Group following a competitive tender because it already connects a broad range of European trading firms with its pan-European fibre network and offers in-depth market insight and a technically advanced solution based on its information delivery platform.

Tanuja Randery, Managing Director, Global, UK/Ireland for Colt Enterprise Services, added, "Technology is increasingly key to enabling faster trading execution decisions. We are excited to be working with London Stock Exchange Group to offer clients a highly competitive solution for accessing the Group's platforms. Clients coming to Colt for proximity hosting services will benefit from consistent low latency access, backed by a service that is highly resilient anand supported by Colt's service team across Europe."

Antoine Shagoury, Chief Information Officer, London Stock Exchange Group, said:
"Our new partnership with Colt marks another step forward in our efforts to expand and enhance access options to the Group's markets. This new proximity hosting service will complement our established co-location offering, providing additional choice for customers looking to access our central London data centre".

Colt's proximity hosting service is part of its FastNet Ultra portfolio, a range of low latency services specifically designed for the needs of Colt's financial trading customers.