Posts Tagged ‘Level 3’

Level 3 Launches BATS Europe Low-Latency Service

Tuesday, August 17th, 2010
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Level 3 Launches BATS Europe Low-Latency Service
Level 3 Communications now has direct connectivity into global financial markets technology company BATS Europe, giving Level 3’s European financial services customers access to Level 3’s international Tier 1 backbone and low-latency trading execution from Europe to North America.
The new offering includes options for metro and inter-city connectivity as well as direct connection to Level 3’s low-latency, trans-Atlantic routes with diverse landing stations to better facilitate security and business continuity.
BATS Europe, launched on the 31 October 2008, is one of the leading pan-European markets, with market share of 8-10 percent in the FTSE 100, 7 percent of the SMI and 5-6 percent across the 15 European markets in which it operates.
http://www.marketwatch.com/story/level-3-to-provide-direct-connectivity-into-bats-europe-2010-08-12?reflink=MW_news_stmp

Level 3 Communications now has direct connectivity into global financial markets technology company BATS Europe, giving Level 3’s European financial services customers access to Level 3’s international Tier 1 backbone and low-latency trading execution from Europe to North America.

The new offering includes options for metro and inter-city connectivity as well as direct connection to Level 3’s low-latency, trans-Atlantic routes with diverse landing stations to better facilitate security and business continuity.

BATS Europe, launched on the 31 October 2008, is one of the leading pan-European markets, with market share of 8-10 percent in the FTSE 100, 7 percent of the SMI and 5-6 percent across the 15 European markets in which it operates.

http://www.marketwatch.com/story/level-3-to-provide-direct-connectivity-into-bats-europe-2010-08-12?reflink=MW_news_stmp


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Level 3 Lights Low Latency Route Between London and Frankfurt

Tuesday, July 6th, 2010
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Level 3 Lights Low Latency Route Between London and Frankfurt
Level 3 Communications has created a new low-latency route between London and Frankfurt, aimed at financial market customers involved in the high-frequency trading business where milliseconds and microseconds can have significant impact on trading profits.
“We have an extensive fiber network in Europe, and there are some key financial markets in London and Frankfurt,” said Tim King, European director of transport products for Level 3. “It was a natural progression to roll out [the low-latency service] into Europe.”
Level 3 has offered a low-latency New-York-to-Chicago route for more than a year and has had low-latency trans-Atlantic routes for about a year. Customers can use a combination of low-latency links to obtain connectivity between London and New York, for example, or between Frankfurt and Chicago, King said.

Level 3 Communications has created a new low-latency route between London and Frankfurt, aimed at financial market customers involved in the high-frequency trading business where milliseconds and microseconds can have significant impact on trading profits.

“We have an extensive fiber network in Europe, and there are some key financial markets in London and Frankfurt,” said Tim King, European director of transport products for Level 3. “It was a natural progression to roll out [the low-latency service] into Europe.”

Level 3 has offered a low-latency New-York-to-Chicago route for more than a year and has had low-latency trans-Atlantic routes for about a year. Customers can use a combination of low-latency links to obtain connectivity between London and New York, for example, or between Frankfurt and Chicago, King said.


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Level 3 Adds Low-Latency Service

Wednesday, April 14th, 2010
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Level 3 Communications now offers two different levels of its low latency services between major financial destinations in New York and Chicago.  Level 3 has specialized routes serving this market segment between Washington, D.C. and Chicago; Chicago and New York;  New York and London  and London to Frankfurt. Level 3 now is able to offer protected configurations in which both legs are of ultra-low latency.


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