Nomura has launched ultra low latency trading service. The platform is expected to offer clients co-located software hosting and fast connectivity to major exchanges and MTFs in Europe. The low latency network has been designed by Nomura’s technology and product teams utilizing the expertise of COLT, an European infrastructure services provider to the finance community.
COLT will provide the network infrastructure for this solution. A dedicated fibre optic network has been rolled out in three major European cities, setting new standards for speed and throughput. The platform also delivers security and integrates with Nomura’s prime services products. Nomura and COLT aim to continue collaborating on future enhancements to the platform.
Jeff Zorek, global co-head of prime product management at Nomura, said: The fastest possible market data and the fastest possible trading connections are critical for the low latency trading community. At Nomura, we have combined leading networking and trading expertise with significant investments to achieve these goals.
Tanuja Randery, head of global business division at COLT, said: Harnessing the power of ultra low latency network solutions is increasingly critical for our finance customers. We have worked closely with Nomura to build a solution that pushes the boundaries of latency. We have combined speed to market, advanced technology leveraging our Next Generation Platform and real market knowledge to help Nomura drive its business growth and we look forward to collaborating with Nomura to enhance the solution in the future.
