Colt Adds Equiduct Connectivity
Officials say that connectivity to Equiduct─alongside the other venues to which Colt already provides connectivity─will support firms' best execution requirements while expanding Colt's regulatory services.
“The Colt PrizmNet financial extranet is a valuable addition to our client-facing connectivity offering…. Our customers are European-based financial institutions and in need of a network partner with the same geographical reach,” says Equiduct chief executive Artur Fischer in a statement. “As we move increasingly into the new MiFID II landscape, the concepts of best execution and access to additional lit liquidity are of paramount importance at a time where resources are tight. The Colt PrizmNet low-latency network … make[s] Colt an ideal partner to provide access to Equiduct’s range of MiFID II solutions.”
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