Share |

Content about Connectivity, Co-Lo and Proximity

January 19, 2010

TELEHOUSE America (www.telehouse.com), the United States’ leading provider of dedicated data centers, international Internet exchanges and managed IT services, announces today that AboveNet, Inc., a leading provider of high bandwidth connectivity solutions, has extended its low-latency fiber optic network in TELEHOUSE America’s New York facilities, providing interconnectivity between its 25 Broadway and 7 Teleport data centers in Manhattan and Staten Island, respectively. In addition to connectivity within TELEHOUSE’s New York City facilities, AboveNet’s network provides low-latency connectivity solutions, critical for financial markets and media content delivery in major data center and colocation facilities in the tri-state area.

January 19, 2010

Chi-X Canada ATS Limited and Switch and Data, a leading provider of network-neutral data centre and Internet exchange services, today announced that Chi-X Canada has selected Switch and Data’s Toronto Financial EcoCenterSM at 151 Front Street as its primary data centre. The move to one of downtown Toronto’s premier data centre facilities will allow Chi-X Canada to grow while continuing to provide equitable access to subscribers wishing to co-locate at the facility and even lower latency connectivity for its domestic and international direct subscribers.

January 19, 2010

Latency - and minimising it - isn't just a focus among liquidity venues in the New York metro area. North of the border, recent developments at TMX Group and Chi-X Canada demonstrate efforts to make those markets more competitive in what's becoming a global marketplace.

January 14, 2010

London-based network services specialist Colt’s announcement this week of its Fastnet Ultra low-latency connectivity for trading firms formalises its solutions for the high-performance space, most visibly implemented to date by Nomura last autumn.

January 13, 2010

Interactive Data’s agreement to acquire Chicago-based high performance trading infrastructure specialist 7ticks LLC marks a strategic initiative to take advantage of what the company sees as perhaps an 18-month window of low latency investment opportunity. The acquisition gives a much-needed boost to Interactive Data’s low latency delivery strategy.

January 12, 2010

COLT, a leading European provider of business communications, today announced a new range of services called Fastnet Ultra, which it will be rolling out in 2010 to meet the ongoing demand for lowest latency networks from the financial trading community. These services are the latest step in eliminating the causes of latency and aim to help COLT’s trading clients achieve best possible execution in electronic trading.

January 8, 2010

7ticks, a leading provider of low-latency managed services for the financial trading sector, today announced it will leverage trading performance hardware vendor, Endace. 7ticks will now be able to measure market data trade latency with 100% packet capture accuracy using software solutions from the recently formed alliance with Correlix and Race Team.

December 22, 2009

Chi-X Global Technology, LLC (“Chi-Tech”), the technology services unit of Chi-X Global Inc., today announced that its MarketPrizm infrastructure service has been selected by ABR Financial to power its high frequency and algorithmic trading applications.

December 21, 2009

Corvil, a leading provider of electronic trading and market data latency management systems, announced that Deutsche Börse Systems, the IT subsidiary of Deutsche Börse AG, has successfully deployed a precision latency monitoring and reporting service for Xetra and Eurex market participants that provides for the first time a full range of latency statistics based on microsecond distribution measurements for both order and market data on Deutsche Börse's new data interfaces Enhanced Broadcast Solution and Enhanced Transaction Solution. This latency monitoring and reporting service achieves another industry first by providing normalized latency ranking tables for a specific market participant's trading session relative to all other peer trading sessions in the same reporting period. The latency distribution measurements underpinning Deutsche Börse's cash market Xetra and derivatives market Eurex service are based on Corvil's Latency Management System - CorvilNet 5.2.

December 17, 2009

Apollo, a transatlantic submarine cable system, and Equinix, Inc., a provider of global data centre services, today announced that Apollo has opened a new Point of Presence (PoP) in Equinix’s LD4 London Slough International Business Exchange (IBX) data centre. This new PoP in LD4 provides Apollo’s customers with resilient, intercontinental access between the UK and major cities in the USA. By locating outside central London, Apollo is offering its customers an alternative, low latency route, by-passing major congestion points within central London.

December 16, 2009

Integral Development Corporation (www.integral.com), today announced an end-to-end hosted solution designed specifically to address the needs of algorithmic trading firms in foreign exchange. Delivered On Demand, Integral’s solution provides everything a systematic trading firm requires to run its algorithms. From the machines, to the network, to applications, access to liquidity and APIs, Integral delivers a one-stop solution to get firms from trading model to live trading as quickly as possible. Co-located in data centers with FX Grid, Integral’s global inter-institutional connectivity and trading network, the service virtually eliminates latency. Clients have the option of using their own proprietary hardware or lease managed blade servers from Integral. Both options allow customers to reside in managed enclosures run by Integral. Users can deploy their own proprietary applications and access liquidity through the FX Inside API, or take advantage of FX Inside HD, Integral’s ultra-low latency version of FX Inside Professional EMS (Execution Management System).

December 14, 2009

Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced it has signed an agreement to acquire 7ticks, LLC, an innovative provider of electronic trading networks and managed services. The transaction is expected to be completed in early 2010, contingent upon closing conditions.

December 14, 2009

The NASDAQ OMX Group, Inc. today announced that it has extended its co-operation with Verizon Business. Through the two companies' new agreements, NASDAQ OMX is reinforcing its global open connectivity strategy as well as supporting the expansion of its world-leading co-location services offering for its U.S. exchanges and markets. The agreements extend an existing relationship under which Verizon Business provides the exchange company with professional services, unified communications and corporate network services.

December 10, 2009

Orange Business Services - Trading Solutions, the leader in voice and electronic trading infrastructure and services for the trading communities, today announced the extension of its network, with the opening of a new point-of-presence (PoP) in Beijing, China.

December 9, 2009

euNetworks Group Limited, a provider of mission-critical, high-performance networking solutions in Europe, announced that CONET Services AG selected euNetworks’ euConnect solution to offer ultra-low latency connectivity to customers between key sites. This partnership will ensure CONET customers can benefit from the availability of high quality, ultra-low latency Ethernet connectivity between CONET and other key Exchanges, Trading Houses and Datacentres.

December 8, 2009

Fixnetix, the leading provider of ultra-low latency market data and trading infrastructure connectivity services, has announced that it will provide trading access to EDX London and a direct market data feed for financial institutions trading in Russian and Nordic derivatives on SOLA®, TMX Group's trading technology platform.

December 7, 2009

Atrium Network, provider of smarter connectivity for the financial community, announced today that ACTIV Financial, a global provider of low-latency market data solutions, is extending its connectivity to Atrium Network to consume and distribute CME Group real-time data across the platform. CME Group is the largest and most diverse derivatives marketplace that includes CME, the Chicago Board of Trade, NYMEX and COMEX.

December 3, 2009

ACTIV Financial (ACTIV), a leading provider of market data content and technologies, and Equinix, Inc., a provider of global data centre services, has announced that ACTIV will expand operations to Equinix’s Singapore International Business Exchange (IBX) data centre as part of its global expansion to provide customers with the most direct and low latency access to its high-volume market data services. By operating within an Equinix Singapore data centre, ACTIV will also be in close proximity to the aggregation of network service providers and financial market participants already operating within the centre, including the major trading venues and exchanges in Asia.

December 3, 2009

Switch and Data, a leading provider of network-neutral data center and Internet exchange services, announced today that CFN Services, a leading ultra low-latency network and custom fiber optic network integrator in the financial industry, has joined Switch and Data’s GeoReach partnership program. CFN will provide clients with turnkey or custom-designed, low latency interconnections to multiple regional exchanges from Switch and Data’s New York and Toronto Financial EcoCentersSM. CFN FiberSource(r) Advisor provides professional services to assist financial firms in their regional or global network design, planning, and strategy to enhance their individual electronic trading strategies.

December 3, 2009

Atrium Network, provider of smarter connectivity for the financial community, today announced that Fortis Bank Global Clearing NV one of the world leaders in global clearing will use Atrium Network’s ‘Exchange Ring’ for ultra low latency connectivity to multiple MTFs including CHI-X and NASDAQ OMX.

December 3, 2009

RTS Realtime Systems Group, a leading global trading solutions provider, and Fortis Clearing announced today that they are the first trading solutions provider and clearing firm respectively to receive certification to offer clients access to the new equity trading system of the Singapore Exchange Ltd. (SGX).

November 24, 2009

euNetworks Group Limited, Europe’s foremost provider of mission-critical, high-performance networking solutions, has announced the availability of their high performance Ethernet based solution, euTrade, to customers at NASDAQ OMX Europe (NEURO). The addition of the euTrade solution, which offers ultra-low latency and high availability connectivity to Europe’s financial community, will provide NEURO customers with an additional choice of best-of-breed networks.

November 24, 2009

NTT America, a wholly owned U.S. subsidiary of NTT Communications Corporation, today announced it will provide data center and connectivity services to ACTIV Financial, a leading global provider of fully managed low-latency market data solutions.

November 2, 2009

Fixnetix, the leading provider of ultra-low latency market data and trading infrastructure connectivity services, has announced that it connected the first live customers to QUOTE MTF - the new European multi-lateral trading facility launched last month - on its first day of trading. Fixnetix now offers direct trading access to QUOTE MTF, with traders able to use Fixnetix's 10GB+ point-to-point high-speed fibre backbone network to connect to the QUOTE MTF alternative trading platform, which now carries all the EMCF-eligible securities from a range of markets including NYSE Euronex, NASDAQ OMX, Oslo Børs, Xetra, Borsa Italiana and the LSE.