Colt and Koscom Agree to Form a Global Securities Network Partnership

[kreslik.news]

Colt and Koscom have today announced that they have joined forces to form a global securities network partnership that will provide ultra-low-latency connectivity between capital markets participants in Korea and the world’s major stock and derivatives exchanges.

As part of this collaboration, financial IT provider Koscom, will use Colt’s extensive, high-quality and low-latency global network service infrastructure to complement its own exclusive financial network in Korea (“Stock-Net”).

Mutual Benefits

Both companies stand to benefit from this multi-year agreement by leveraging each other’s local and global network and exchange colocation footprints, as well as the respective sales and service operation resources in Korea and ... (read more)