About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Anova Readies Hybrid Laser/Millimetre-wave Low-Latency Network for Reliability

Subscribe to our newsletter

Anova Technologies has teamed with AOptix to roll out low-latency networks based on an integrated combination of laser-through-air and millimetre wave technologies. The combination provides the low latency benefits of emerging wireless networks, with the reliability of fibre optic communications, making it attractive to algorithmic and high frequency trading operations.

Under their agreement, Chicago-based Anova will be the exclusive reseller of AOptix’s IntelliMax ULL-3000 to the financial markets, globally, and is also responsible for network design and operations. AOptix – founded in 2000 in California – has a history of selling into the defense and telecommunications sectors. The ULL-3000 is a joint development by Anova and AOptix.

A key attraction of the combined laser/millimetre wave approach, says Anova founder and CEO Mike Persico, is its reliability even under extreme weather conditions. The ULL-3000 transmits data via laser and millimetre wave simultaneously, automatically falling back from the primary laser channel to millimetre wave in rare circumstances when atmospherics interfere with laser transmission. Those atmospherics do not impact millimetre wave, so the combination – controlled by an FPGA chip – is ideal, says Persico.

Adding to reliability is the ULL-3000’s ability to cope with the rotation and sway of wireless towers, which are subject to wind interference. As a result, distances of up to 20 kilometres between towers can be achieved.

Hence, reliability is similar to that attained on land-based fibre optic circuits, but with up to 50% of the latency. Previously, trading firms deploying wireless networks – such as microwave – have been required to augment them with slower fibre optic networks to ensure reliability. 

Anova plans to deploy the ULL-3000 in the New Jersey area wireless network that it is currently building. New routes – such as direct to the NYSE Euronext’s Mahwah data centre – will be equipped from the outset, while existing routes will be retrofitted as needed.

Later this year, the two companies will deploy the technology – which Persico reckons represents the first major “new technology for wireless communications in 50 years” in the London marketplace. 

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

Challenging the Status Quo: Re-imagining the Trading Desk for 2026 and Beyond

The opening session of A-Team Group’s recent TradingTech Summit Europe set a pragmatic tone for the discussions that followed. In a fireside chat between Stuart Lawrence, Head of EMEA Equity Trading at UBS Asset Management, and Monika Fernando, Product Leader, FinTech & Digital Platforms and former Head of Global FI Client Data & Analytics at...

EVENT

Eagle Alpha Alternative Data Conference, London, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

The Data Management Implications of Solvency II

Bombarded by a barrage of incoming regulations, data managers in Europe are looking for the ‘golden copy’ of regulatory requirements: the compliance solution that will give them most bang for the buck in meeting the demands of the rest of the regulations they are faced with. Solvency II may come close as this ‘golden regulation’:...