Asia-based digital exchange AsiaNext has selected Colt Technology Services to provide digital infrastructure solutions across its digital securities and crypto derivatives trading operations.
AsiaNext offers integrated listing, trading and post-trade services for digital assets, aiming to grant institutional investors access to a range of digital asset and crypto derivative trading opportunities. This could help to facilitate capital efficiencies for institutional investors, the organisation says.
Designed for capital markets, Colt’s digital infrastructure solutions have been chosen to enable high frequency-trading. Colt PrizmNet provides deterministic low latencies for the delivery of data, software, content and financial services.
Through the use of Colt Multicast Market Data, AsiaNext can securely host and distribute raw multicast data via a virtual point-of-presence. This allows the exchange to connect buyers and sellers in a way that bridges the gap between mainstream finance and secure digital assets trading, the company says.
Russell Toop, team lead for capital markets Asia at Colt, says: “Regulatory clarity is helping [Asia] become a global hub for the crypto ecosystem, and we’re proud to be named one of the first digital infrastructure partners for AsiaNext.
“We continue to monitor the market and make infrastructure investments, providing connectivity solutions to key liquidity hubs which deliver the best possible latencies and performance. Our partnership with AsiaNext demonstrates our firm commitment to capital markets in Asia and across the world.”
Yuen Keng Yin, chief technology officer at AsiaNext, comments: “Through Colt’s capital markets solutions, our institutional investors will be able to quickly and easily access the benefits of a modern and trusted trading venue for digital assets. Their solutions support our investors in securing their position in this rapidly-growing market, so they can optimise their digital assets trading strategies and open up new opportunities for their clients.”
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