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Singapore picSingapore based financial house PhillipCapital is rolling out RTS Realtime Systems’ low latency, event-based algorithmic trading solutions for the customers of its stock broking subsidiary Phillip Securities. The algo arrangement has been made ahead of the planned opening of Singapore Exchange’s Reach trading platform in August 2011 (see more on which here). The exchange claims the platform will be the fastest in the world.

2427_scissors_1Hudson Fiber Networks’ deployment of Vello Systems’ new CX50-T optical cards on its metro New York routes is aimed at cutting the latency clients experience in their market data and trading applications, while reducing its data centre footprint. The implementation – replacing older equipment from Vello Systems and Ekinops – will offer latency benefits to all HFN clients.

Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced that QuantHouse, the leading independent provider of low latency trading solutions, has selected Latency Monitor, Greenline's latest product designed to monitor order flow, for end-to-end order message monitoring.

TMX Group today announced that TMX Datalinx, its information services division, has introduced a new ultra-low latency network, TMXnet GTA (Greater Toronto Area). The network is in production today and provides 1 to 10 gigabit ultra-low latency connections to international and domestic firms with technology infrastructure located in the Toronto core.

Solace Systems, the leading provider of middleware appliances, today announced a joint effort with Arista Networks to deliver a real-time monitoring agent that aggregates data from the Arista Latency Analyzer (LANZ) and Solace's middleware monitoring framework. The resulting consolidated operational data will help IT departments maximize the availability and performance of ultra-low latency messaging systems.

Equinix, Inc., a leading provider of global data centre services, today announced that it is constructing a fourth International Business Exchange (IBX) data centre in the Paris metropolitan area. The new data centre (PA4), scheduled to open in the third quarter of 2012, will further extend Platform Equinix in Europe to meet strong demand for premium interconnection and colocation services in Paris and across the region.

IPC Systems, Inc., a leading provider of trading communications solutions to the world’s top financial services firms and global enterprises, has further extended its pan-Asian financial optical network with connectivity to Hong Kong Exchanges and Clearing Limited (HKEx). HKEx is the holding company for The Stock Exchange of Hong Kong Limited, Hong Kong Futures Exchange Limited and Hong Kong Securities Clearing Company Limited. Users of IPC’s Electronic Connectivity Services will now benefit from secure, high-speed access to a broad range of HKEx products and services including equity securities, ETFs and other market-making securities, as well as, key derivatives products such as Hang Seng Index futures and options.

Thomson Reuters today announced the launch of Elektron at NASDAQ OMX Nordic markets. Based at the NASDAQ OMX co-location site in Sweden, Elektron will provide trading firms with ultra low latency connectivity to pan-European real-time pricing information. NASDAQ OMX will leverage a connection to the Elektron network for its new Nordic Smart Order Router service, providing their clients with routing decisions driven by high performance market data.

Spread Networks, LLC, a privately owned telecommunications provider, today announced the expansion of its low latency Ethernet wave service between Chicago, IL and New Jersey, adding Newark, NJ as a new endpoint. The low latency Ethernet service has an SLA of 15.75 milliseconds round-trip between 350 East Cermak Road, Chicago, IL, and 165 Halsey St., Newark, NJ, with measured performance below 15.50 milliseconds, the lowest latency of any commercially available wavelength service.