Communications provider COLT is offering investment companies fast and secure connectivity to trading platform Turquoise.
The company will offer customers high-speed connectivity to the trading platform which is due to go live in September.
Turquoise, a pan-European a stock trading venue set up by nine leading investment banks including Goldman Sachs and Morgan Stanley, completed its IT infrastructure in April. It will launch in September.
Investment firms will link directly to the trading platform and trade electronically. Investment firms want their trades to be completed in as near real-time as possible, therefore the time taken for information to be sent to and received from the trading platform must be short.
According to research from COLT, it takes 12.7 milliseconds to send a message from London to Frankfurt over fibre. The Ethernet service will offer security, resilience and high speed.
Yann L'Huillier, CTO of Turquoise, said the company wanted connectivity from various suppliers to increase customer choice. "Our market participants now have a diversified offering from a network access and independent software supplier standpoint."