Posts Tagged ‘high speed trading’

AboveNet Launches Sub-1 Msec Trans-Atlantic Service

Monday, March 15th, 2010
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AboveNet has launched low latency end-to-end transatlantic connections between London and New York, reaching key financial locations in: London: Slough, the City and Docklands New York Metro: Manhattan and New Jersey, including: Newark, Weehawken, Secaucus, Carteret, and Clifton, the company says.
AboveNet’s new low latency transatlantic service is targeted specifically at the financial sector, supporting critical applications such as foreign exchange trading and market data feeds.
“With venues such as Chi-X now operating out of Equinix in Slough and NASDAQ operating out of Carteret, New Jersey, we’re seeing a growing requirement for low latency transatlantic connectivity, says Alan Berryman, AboveNet director.
The premium service uses the shortest transatlantic cable systems with the most direct terrestrial backhaul link into New York and Slough. In addition, AboveNet also provides latency guarantees for as low as sub-one millisecond round-trip for access to hundreds of buildings in the New York and London metro markets.

AboveNet has launched low latency end-to-end transatlantic connections between London and New York, reaching key financial locations in: London: Slough, the City and Docklands New York Metro: Manhattan and New Jersey, including: Newark, Weehawken, Secaucus, Carteret, and Clifton, the company says.

AboveNet’s new low latency transatlantic service is targeted specifically at the financial sector, supporting critical applications such as foreign exchange trading and market data feeds.

“With venues such as Chi-X now operating out of Equinix in Slough and NASDAQ operating out of Carteret, New Jersey, we’re seeing a growing requirement for low latency transatlantic connectivity, says Alan Berryman, AboveNet director.

The premium service uses the shortest transatlantic cable systems with the most direct terrestrial backhaul link into New York and Slough. In addition, AboveNet also provides latency guarantees for as low as sub-one millisecond round-trip for access to hundreds of buildings in the New York and London metro markets.


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Low Latency Solution Adopted by Burgundy

Monday, February 22nd, 2010
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Fixnetix, which says it is the leading European provider of ultra-low latency co-location hosting, market data and trading infrastructure connectivity services, now offers a direct market data feed and trading access to Burgundy, the regional multilateral trading facility for Nordic securities.
Traders can use Fixnetix’s 10 Gbps point-to-point high-speed fiber backbone network to connect with the new trading platform, which is looking to reach a market share of 25 percent in Sweden this year.
Fixnetix also offers a direct market data feed from Burgundy, taking advantage of its high bandwidth provision to provide traders with realtime level one and level two market data exactly as it leaves the Nordic MTF.
“Fixnetix offers another important route for the growing number of investors demanding ultra-low latency access and market data from the increasingly fragmented Nordic equities market,” says Olof Neiglick, Burgundy CEO.
Fixnetix now operates some 18 co-location and proximity hosting centers across Europe and the United States, supporting trading across all the major cash equities, futures, FX, commodities and bond markets.
The company also offers both “raw and ultra low latency normalized” market data services, as well as low latency trading access for member firms and sponsored trading access to over 45 markets.
http://www.a-teamgroup.com/article/fixnetix-delivers-ultra-low-latency-trading-access-to-burgundy/

Fixnetix, which says it is the leading European provider of ultra-low latency co-location hosting, market data and trading infrastructure connectivity services, now offers a direct market data feed and trading access to Burgundy, the regional multilateral trading facility for Nordic securities.

Traders can use Fixnetix’s 10 Gbps point-to-point high-speed fiber backbone network to connect with the new trading platform, which is looking to reach a market share of 25 percent in Sweden this year.

Fixnetix also offers a direct market data feed from Burgundy, taking advantage of its high bandwidth provision to provide traders with realtime level one and level two market data exactly as it leaves the Nordic MTF.

“Fixnetix offers another important route for the growing number of investors demanding ultra-low latency access and market data from the increasingly fragmented Nordic equities market,” says Olof Neiglick, Burgundy CEO.

Fixnetix now operates some 18 co-location and proximity hosting centers across Europe and the United States, supporting trading across all the major cash equities, futures, FX, commodities and bond markets.

The company also offers both “raw and ultra low latency normalized” market data services, as well as low latency trading access for member firms and sponsored trading access to over 45 markets.

by Gary Kim

http://www.a-teamgroup.com/article/fixnetix-delivers-ultra-low-latency-trading-access-to-burgundy/


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