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Vello Systems, a leader in next-generation high performance IP+OpticalTM networking systems, today announced the deployment of a state-of-the-art 10G optical network for Hudson Fiber Network, an exclusive provider of high-bandwidth, low-latency networking solutions in the New York metro area. The new network is built with Vello Systems CX Family platforms providing a highly-reliable, ultra-low latency networking fabric for a suite of SLA-based services designed expressly for high-frequency trading applications. The new network takes advantage of Vello Systems’ advanced optical modulation techniques allowing four 10G signals to be transported in a single ITU channel and providing a seamless upgrade to 40G and 100G transmissions.

Algo Technologies is pleased to announce it has been contracted to install two major replacement systems and upgrades at PLUS Markets Group, the UK Recognised Investment Exchange (RIE). The sale of a third technology upgrade – AlgoM2, the fastest matching engine in the world – to PLUS is also in the pipeline subject to certain financing contingencies being in place.

Colt is opening network routes between London and Frankfurt, and Paris and Brussels, which it claims provide the lowest latency in the market and which are already attracting customers from trading firms. Leveraging optical fibre technology from California's Infinera, the London to Frankfurt route offers latency of 4.22 milliseconds between endpoints at London’s Poplar Business Park and Schmidstrasse in Frankfurt. The Malakoff (Paris) to Anderlecht (Brussels) route operates at a latency of 2.65ms. Both will be open by the first week of September.

StreamBase Systems today introduced a certification program for Complex Event Processing (CEP) technology developers. The certification program will help CEP architects differentiate themselves in the marketplace by providing them with the knowledge and skills required to successfully build event-driven applications using the StreamBase EventFlow programming language.

Solace Systems, the leading provider of messaging middleware appliances, today announced that Serisys Solutions Limited will begin distributing Solace’s hardware-based middleware products to financial firms in China.

Frankfurt-based asset manager Lupus alpha is working with data centre service provider Interxion to optimise its critical IT applications and ensure low-latency connectivity for its institutional and retail investment strategies.

Colt, the leading business communications and IT managed services provider, announced today it has enhanced its FastNet Ultra portfolio by introducing two new trading routes connecting key European financial centres.

This month’s bulletin from the Financial Information Forum (FIF) finds that:

* NASDAQ BONO was up a record 25% to 150,431 mps over the 1 second interval.

* SIAC OPRA hit a record peak of 1,711,873 mps, up by 7%.

* NASDAQ UQDF and UTDF were up by 5% and 2 % at 102,825 mps and 22,036 mps respectively.

* SIAC CQS was at a record 236,513 mps, up 1.4%.

* In the European markets, message rates from Deutsche Börse over the 1 second interval were at a record high with CEF Ultra + Xetra up 35% at a new record peak of 8,051 mps.

Hudson Fiber Network (HFN), an exclusive provider of high-bandwidth, low-latency networking solutions, today announced that it has opened up two, ultra-low latency, metro New York Fast Path fiber routes. Combined with HFN’s X-Change Connect Metro Ethernet solution, they connect financial services customers to 1400 Federal Boulevard in Carteret, NJ.