Share |


Spread Networks, LLC, a privately owned telecommunications provider, today announced the introduction of low latency Ethernet wave services connecting New York and Chicago in under 15.75 milliseconds - the lowest latency of any commercially available wavelength services connecting America’s largest financial centers.

In an initiative to expand its marketplace beyond major trading firms, ticker plant vendor Exegy has introduced Data Tone, allowing smaller firms to access a set of market data for as low as $1,000 per month per connection.

Telx, a leading interconnection and colocation provider in strategic North American markets, today announced that it has nearly doubled the footprint of its data center at the 111 8th Avenue facility in New York City, considered the premier Financial Markets location in the NY Metro area. The addition of 40,000 square feet of capacity for financial institutions, telecommunications service providers, cloud providers and Software as a Service (SaaS) providers allows Telx to expand colocation and interconnection services and establishes them as the dominant provider in this key location.

Quantitative Brokers, a fixed-income algorithmic executing broker, announced its launch of a suite of algorithmic strategies for trading US interest rates futures. The algorithms are the first-ever agency algorithms designed specifically to accommodate the unique Pro-Rata and FIFO matching engines for CME Eurodollar and Treasury futures. The strategies provide traders anonymity while searching for price or volume improvements through sophisticated order book placement and real-time analytics.

Algo Technologies Limited today announced that it has gone live as a provider of proximity services from SIX Swiss Exchange via Equinix’s Zurich based data centre.

IPC Systems, Inc., a leading provider of indispensable trading communications solutions to the world’s top financial services firms and global enterprises, today announced a significant upgrade to its transatlantic network. The upgrade involves the extension of its existing fully resilient high speed Dense Wavelength Division Multiplexing (DWDM) network which connects North American trading hubs in New York directly to venues in London and the greater European trading community.

Exegy, Inc., the market data appliance company, announced today a new ground-breaking product - Data Tone - based on the Exegy Ticker Plant. It is now possible for traders to access market data via Data Tone at $1000 per connection.

Atrium Network, provider of smarter connectivity for the financial community, announced today that participants are signing up to access the Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, via Atrium Network’s POP, located in the CBOE facility at 400 South La Salle, Chicago. CBOE options are now being accessed by Atrium Network’s European customer base using the same infrastructure as existing Atrium Network US clients.

Nigel Woodward Intel After five years at Intel as head of its financial services strategy, Nigel Woodward has exited the building for pastures unknown. Woodward joined the firm back in February 2006 (see our news brief on the subject at the time here) and during his five years at Intel, has focused on leading its retail and investment banking strategy.