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The “Three Ms of Latency” are a set of essential steps that turn the data that's derived from a roster of tools – including those from contributors Corvil and TS-Associates – into meaningful, actionable information that can be leveraged to boost one's business.

The Three Ms of Latency are: Measure, Monitor and Manage.

It all begins with measurement. That could mean measurement of latency within an execution management system, or the latency that exists for market data received from an exchange, or even the roundtrip latency for a completed trade with an alternative trading system or dark pool.

Hibernia Atlantic, the only diverse transatlantic high bandwidth connectivity provider, announces their expansion to a new location this week at 133 Houndsditch in London, UK. This new office is the result of the company’s continued growth, including the additional reach and locations on its Global Financial Network (GFN). Hibernia has also seen a continued demand for its secure, diverse and low latency network connectivity, especially after the launch of its Hibernia Secure product as well as its news of its lowest latency transatlantic cable build, called Project Express.

TradingScreen, the premier provider of global execution management systems (EMS), announced today that it has completed certification by the BM&FBOVESPA to provide low latency multi-asset class direct market access (DMA) order flow through its trading platform from its local data center in São Paulo.

Colt, Europe’s leading information delivery platform, today announced a new data centre deployment approach that provides customers with unparalleled flexibility in power density, size and Tier configurations. The new approach includes a range of Modular Data Centre design options which match users’ specific space, power and location needs.

Colt Group S.A. today announced it has agreed to acquire a majority stake in MarketPrizm, a leading provider of low latency market data and trading infrastructure services, from Instinet Incorporated.  Under the terms of the agreement, there is no initial consideration payable by Colt on the basis that Colt has committed to fund the business through its next phase of growth.

Chi-X Australia, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global Inc., today announced that it has selected Access Networks & Communications (Access Networks) as its alternate data centre provider. Chi-X Australia and Access Networks intend to offer participants access to the Chi-X Australia marketplace within the Global Switch Sydney facility. Combined with experience supporting clients and service providers in the financial services and trading community, Access Networks delivers products and services designed to support low latency and multiple exchange venue access out of its data centre within Global Switch’s Sydney facility.

Options IT, the provider of the Options PIPE Private Financial Cloud services platform for sellside and buyside firms, today announced it has optimized trading connectivity between New York and Chicago for clients of its PIPE Velocity service.

Corvil, a provider of latency management systems for high performance trading and market data, today announced that the International Securities Exchange (ISE) is deploying Corvil’s latency management solutions for full monitoring and reporting of latency throughout its new options trading system running on Deutsche Börse Group’s Optimise architecture. Corvil will be used to benchmark and manage internal system latencies as well as monitor and measure latency between ISE members and the new trading system.

Sidera Networks, the premier provider of fiber optic-based network solutions, announced today it has increased the flexibility and scalability of its Xtreme Network by offering ultra low-latency Switched Ethernet services. With the introduction of this service, financial services firms will be able to respond to fluctuating bandwidth demands more quickly and efficiently, and support a wider range of business applications.