Posts Tagged ‘low latency’

Interxion Now Offers 100 Microsecond Circuit Latency

Tuesday, July 13th, 2010
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Interxion, a European provider of carrier-neutral data center services, now is offering low-latency access to BATS Europe, the European Multilateral Trading Facility (MTF).
Access to the BATS Europe MTF, with extremely low round-trip latency, is available to Interxion customers located at its City of London data center. BATS Europe’s system latency averages 350 microseconds, including matching engine latency of 250 microseconds and circuit latency of 100 microseconds.
Interxion is a leading European operator of carrier-neutral data centres. Headquartered in Schiphol-Rijk, The Netherlands, Interxion serves its customers from 27 carrier-neutral data centers located in 13 cities across 11 European countries.
Interxion serves network and carrier-based, hosting and enterprise customers who require professionally managed and strictly controlled physical environments within which to operate mission-critical applications and computer systems.
http://www.interxion.com/Latest-Press-Releases/2010/Low-Latency-Access-to-BATS-Europe-Now-Available-Via-Interxion/

Interxion, a European provider of carrier-neutral data center services, now is offering low-latency access to BATS Europe, the European Multilateral Trading Facility (MTF).

Access to the BATS Europe MTF, with extremely low round-trip latency, is available to Interxion customers located at its City of London data center. BATS Europe’s system latency averages 350 microseconds, including matching engine latency of 250 microseconds and circuit latency of 100 microseconds.

Interxion is a leading European operator of carrier-neutral data centers. Headquartered in Schiphol-Rijk, The Netherlands, Interxion serves its customers from 27 carrier-neutral data centers located in 13 cities across 11 European countries.

Interxion serves network and carrier-based, hosting and enterprise customers who require professionally managed and strictly controlled physical environments within which to operate mission-critical applications and computer systems.

http://www.interxion.com/Latest-Press-Releases/2010/Low-Latency-Access-to-BATS-Europe-Now-Available-Via-Interxion/


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Algorithmic Trading Leads to New “Cat and Mouse” Game

Wednesday, June 30th, 2010
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Algorithmic trading seems to have lead to a high-stakes “cat and mouse” game between large mutual funds and  trading firms. Muitual fund managers say “algo” traders try to detect when mutual funds are placing buy orders and move quickly to buy shares in anticipation of selling them rapidly for a profit.
Thirty-eight percent buy-side money managers—typically long-term investors—say they have a more negative view of high-frequency trading than before the flash crash, according to a recent survey by Tabb Group, while 17 percent expressed positive views, the Wall Street Journal reports.
Algorithms are expected to account for about 60 percent of stock trading this year, up from 28 percent in 2005, according to Aite Group, a Boston firm that tracks electronic trading.
An escalating arms race has been the result, with players on both sides plowing money into ever-more-powerful technology to trade effectively. The obvious move to lower-latency communications is a direct result.

Algorithmic trading seems to have lead to a high-stakes “cat and mouse” game between large mutual funds and  trading firms. Muitual fund managers say “algo” traders try to detect when mutual funds are placing buy orders and move quickly to buy shares in anticipation of selling them rapidly for a profit.

Thirty-eight percent buy-side money managers—typically long-term investors—say they have a more negative view of high-frequency trading than before the flash crash, according to a recent survey by Tabb Group, while 17 percent expressed positive views, the Wall Street Journal reports.

Algorithms are expected to account for about 60 percent of stock trading this year, up from 28 percent in 2005, according to Aite Group, a Boston firm that tracks electronic trading.

An escalating arms race has been the result, with players on both sides plowing money into ever-more-powerful technology to trade effectively. The obvious move to lower-latency communications is a direct result.


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Spread Networks Sets New Standard for Latency NY-Chicago

Tuesday, June 22nd, 2010
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Spread Networks, a privately-owned telecommunications provider has launched a dark fiber private network specifically optimized for ultra-low latency for financial industry customers who communicate between Chicago and New York trading centes.
In part, Spread Networks can offer unparalleled levels of latency performance because it has built a brand-new, direct route over the shortest possible route from New York to Chicago, 825 fiber miles long – reducing
round-trip latency to 13.33 milliseconds. Up to this point, the lowest latency on the New York-Chicago route was about 15.9 milliseconds, according to Brian Quigley, ADVA Optical Networks senior director.
Where other low-latency connections between those cities uses railroad rights of way, Spread Networks has built along alternate routes, to shave distance, and hence delay. It’s just a guess, but if you want to follow the straightest-possible route between New York and Chicago, you’d follow U.S. Highway 80. That would allow a carrier to relatively easily negotiate rights of way agreements with a few entities and obviously allows easy trenching along the medians.
“Spread Networks has established the competitive standard for trading latency between these two important
financial centers,” said David Barksdale, CEO of Spread Networks (Barksdale was Netscape’s CEO) .
Spread Networks provides customers two strands of dark fiber, which are lit using optoelectronics provided by ADVA Optical Networks. Traffic is kept at layer one to avoid the additional latency if the traffic were carried at a higher level of the protocol stack.
The route terminates at 350 East Cermak Road in Chicago Illinois (telX) and 1400 Federal Blvd in Carteret, New Jersey (Lexent Metro Connect).
As part of the service, ADVA monitors the routes, providing real-time latency reporting. Repeater huts are spaced at 120 kilometers and the route uses low-noise optical amplifiers, dispersion compensation, cut-through switches and no protocol conversion or higher-level switching as part of the effort to achieve the lowest-possible latency performance.

Spread Networks, a privately-owned telecommunications provider has launched a dark fiber private network specifically optimized for ultra-low latency for financial industry customers who communicate between Chicago and New York trading centers.

In part, Spread Networks can offer unparalleled levels of latency performance because it has built a brand-new, direct route over the shortest possible route from New York to Chicago, 825 fiber miles long – reducing round-trip latency to 13.33 milliseconds. Up to this point, the lowest latency on the New York-Chicago route was about 15.9 milliseconds, according to Brian Quigley, ADVA Optical Networks senior director.

Where other low-latency connections between those cities uses railroad rights of way, Spread Networks has built along alternate routes, to shave distance, and hence delay. It’s just a guess, but if you want to follow the straightest-possible route between New York and Chicago, you’d follow U.S. Highway 80. That would allow a carrier to relatively easily negotiate rights of way agreements with a few entities and obviously allows easy trenching along the medians.

“Spread Networks has established the competitive standard for trading latency between these two important

financial centers,” said David Barksdale, CEO of Spread Networks (Barksdale was Netscape’s CEO) .

Spread Networks provides customers two strands of dark fiber, which are lit using optoelectronics provided by ADVA Optical Networks. Traffic is kept at layer one to avoid the additional latency if the traffic were carried at a higher level of the protocol stack.

The route terminates at 350 East Cermak Road in Chicago Illinois (telX) and 1400 Federal Blvd in Carteret, New Jersey (Lexent Metro Connect).

As part of the service, ADVA monitors the routes, providing real-time latency reporting. Repeater huts are spaced at 120 kilometers and the route uses low-noise optical amplifiers, dispersion compensation, cut-through switches and no protocol conversion or higher-level switching as part of the effort to achieve the lowest-possible latency performance.

by Gary Kim


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