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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.

Direct Edge announced today it has begun offering customers market access to seven major dark pools through Connect Edge, the company’s high-speed, low-latency proprietary network.  Using Connect Edge, customers will now have the ability to route orders directly to significant dark liquidity pools, in addition to the exchange connectivity currently provided, allowing customers to further reduce costs by eliminating the need for individual telco connections to each marketplace.  Today’s announcement is evidence of Direct Edge’s commitment to making Connect Edge a premiere source for marketplace connectivity.

smartTrade Technologies, an industry leader in cross-asset liquidity management solutions today announced the certification to CME Group for FX Futures using the smartTrade Technologies LiquidityConnect component. The addition of FX futures from CME Group will enable organizations to benefit from accessing and trading on the liquidity provided by the CME Group in their FX Futures product suite. CME Group FX futures contracts are listed by and subject to the rules of CME.

Hibernia Atlantic, the only diverse transatlantic high bandwidth connectivity provider, announces today its launch of ‘Hibernia Secure’ for its Global Financial Network (GFN), offering the financial community dedicated network protection across its low latency failover routes, with multiple routes for each city pair. Dedicated to connecting the financial industry, including banks, financial exchanges and trading firms, Hibernia’s GFN now provides a resilient, reliable, dedicated platform, ‘Hibernia Secure’, to ensure safer and faster trading. With service available from 10 Mbps to 1 Gpbs, ‘Hibernia Secure’ offers one single interface with multiple route choices, providing 100% guaranteed uptime between critical trading routes. Depending on locations, this includes options for several failover routes that avoid common, congested corridors, such as the waterways around New York and London, in case of regional failure.

IPC Systems, Inc., a leading provider of trading communications solutions to the world’s top financial services firms and global enterprises, has extended its global financial network with ultra low latency connectivity to TMX Group’s Toronto Stock Exchange, TSX Venture Exchange and Montreal Exchange venues. The announcement provides users of IPC’s suite of Electronic Connectivity Services with secure, high-speed 10Gbps dedicated connectivity to TMX Group’s equities and derivatives exchanges and market data feeds, TMX Information Processor products and TMX’s co-location facility, while also providing local traders with access to IPC’s broader global financial network that connects 200 cities in more than 70 countries worldwide.

Tervela, a New York-based provider of high-speed, no-loss data movement infrastructure to the financial trading community, announced today that it has signed a technology agreement with Tradeweb, the leading online marketplace for fixed income and derivatives. Under the terms of the arrangement, Tervela will provide Tradeweb with an enhanced messaging layer to integrate into its existing electronic trading infrastructure.

SunGard has launched an ultra low latency, real-time order validation engine, Valdi Order Validator, to help meet the needs of brokers offering sponsored access (SPA) or direct market access (DMA) solutions. Valdi Order Validator provides customers with a risk control platform that helps manage risk without compromising speed. It is a distributed system, providing a centralized view of trading activity and control over multiple routes and access points, supporting collocation at several venues and exchanges.

Stuart Grant SybaseBuilding a low latency trading architecture is not just about high performance and speed, it is also about usability, agreed panellists debating ‘Deploy Fast, And Build to Last’ at this week’s Business & Technology of Low-Latency Trading (BTLLT) event in London. However, there was some debate between panellists from TraderServe and Sybase about the shelf life of an algorithm: figures ranged from four days to four years.