Colt Expands Transatlantic Reach to NYSE, NASDAQ, and OPRA

Colt Technology Services has announced a significant expansion of its capital markets data solutions, broadening its reach to the New York Stock Exchange (NYSE), NASDAQ, and the Options Price Reporting Authority (OPRA). This development enhances Colt’s global portfolio, now spanning over 80 markets worldwide, and strengthens its position as a leader in capital markets connectivity.

With this move, Colt extends its existing US market presence, which already includes major exchanges under the CME Group, to provide direct access to two of the world’s largest stock exchanges. Together, NYSE and NASDAQ represent a combined market capitalization of approximately $54 trillion as of March 2024.

Advancing Data Infrastructure for Capital Markets

To meet the demands of increased data processing and ultra-low latency feeds, Colt has invested heavily in its US infrastructure. These upgrades ensure secure, resilient, and fast market data distribution, including advanced Production and Disaster Recovery services.

In addition to on-premise data delivery, Colt’s Market Data in the Cloud leverages Amazon Web Services (AWS) to deliver raw, unconverted multicast market data. This cloud-based solution reduces cost and complexity for businesses while maintaining data integrity. Complemented by the Colt Market Data Monitoring System, clients gain real-time insights into performance, ensuring smooth operations and robust protection.

Key Investments and Upgrades

  • Enhanced Network: Colt has added new Points of Presence (POPs) in New York and upgraded its backbone to support 100Gbps bandwidth.
  • Expanded Reach: The expansion includes licenses for the Minneapolis Grain Exchange (MGEX) and Bursa Malaysia Derivatives (BMD).
  • Transatlantic Connectivity: Colt’s subsea cable systems underpin this growth, securely linking organizations across continents.

Supporting Growth in Capital Markets

Arthur Rank, Global Director of Capital Markets Solutions at Colt, highlighted the significance of this expansion:
“Access to raw data feeds from the world’s largest stock exchanges is invaluable for our customers. This project significantly strengthens our position as a global leader in capital markets connectivity.”

Wesley Elder, Capital Markets Product Director, added:
“Our commitment to the Capital Markets industry is unwavering. With this expansion, we aim to be the vendor of choice for secure, high-speed, real-time data solutions globally.”

Looking Ahead

With full operational capability expected by the end of 2024, Colt’s clients will soon benefit from direct access to NYSE, NASDAQ, and OPRA feeds, further empowering their growth strategies.