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The knowledge platform for the financial technology industry

Juniper To Provide HKEx With Network Infrastructure for Orion Data Centre

Juniper Networks will be providing low-latency network infrastructure based on its QFabric architecture to Hong Kong Exchanges and Clearing (HKEx) for its new data centre, being rolled out as part of the exchange’s Orion technology transformation program. HKEx will become the first financial services customer in Asia for Juniper’s QFabric, which is being implemented and...

EMS Functionality, Increased Footprint are Key Drivers in Mantara’s Acquisition of UNX

Customer requests for increased desktop functionality, as well as the opportunity to increase the footprint for its pre-trade risk and connectivity services, were key drivers for Mantara’s acquisition of UNX, says president and CEO Michael Chin. UNX’s installed base for its Catalyst EMS offers Mantara a “valuable desktop presence” says Chin, providing a ready platform...

euNetworks Latest To Tap Ciena 6500

Ciena has been in the news a bit of late, with its 6500 packet optical platform being adopted by several network providers, most recently euNetworks for its 100 gigabit upgrade. euNetworks his upgraded a portion of its entire European network to the higher bandwidth, with roll out in Frankfurt, London, Amsterdam and Paris, and also...

With SIX Rollout, Nasdaq OMX Pushes Matching Latency Below 40 Microseconds

With SIX Swiss Exchange now up and running with its new SWXess platform, its technology supplier Nasdaq OMX can point to the fastest implementation of its X-Stream Inet matching technology, with average round-trip latencies of less than 40 microseconds. That’s probably the fastest matching engine anywhere in the world today. SWXess went live with equities...

Connectivity and Co-Lo Roundup: CFN, Colt, Interxion, SIX, Thomson Reuters …

It’s TradeTech time in chilly and soggy London (though I am happily writing this from sunny, 90-degree Austin) – which means a deluge of press releases that is a Big Data problem in itself. Here are some highlights, focusing on connectivity, co-lo and a bit of cloud. CFN Services – is moving into Europe, starting...

Perseus Debuts Fastest Transatlantic Link; Takes Aim at Hibernia’s Planned Express

Perseus Telecom, in partnership with India’s Reliance Globalcom, has debuted what is now the fastest transatlantic cable, dubbed QuanTA, and says it has plans to match the expected speed of Hibernia Atlantic’s Express, which is slated for 2013 rollout. QuanTA leverages the FLAG Atlantic-1 North cable (FA-1) – operated by Reliance – which became operational...

Fixed Income Markets Push Low Latency

Separate developments – with BrokerTec in the U.S. and with MTS in Europe – are pointing to the move by fixed income markets into the low-latency trading space. These developments follow on from the increasing adoption of low-latency technologies in the foreign exchange markets, as latencies are pushed lower for all asset classes. ICAP-owned BrokerTec...

Nexxcom Pushes Down Latency with Wireless Networks in NY/NJ and London Metros

With services aimed at the financial trading community, Nexxcom Wireless is rolling out its microwave wireless data network in the NYC/NJ and London, UK metro areas, beating the latency of fibre-optic wired services by a significant margin. The company has provided these latency figures for several popular routes: PATH LATENCY RTT* SPEED of LIGHT** Carteret,...

HKEx Announces Initial Hosting Ecosystem Members

Ahead of its Q4 launch for hosting services, Hong Kong Exchanges and Clearing Limited (HKEx) has announced 22 service providers that will set up to provide co-lo and connectivity to the exchange’s core trading platform. “The initial group of founding members, covering telecommunications, market data and financial technology services, provides an excellent base for our...

Hibernia Goes Live With NYSE/Nasdaq Link, Co-Lo

Hibernia Atlantic has gone live with a new fast fibre optic link, connecting Nasdaq’s data centre at 1400 Federal Boulevard in Carteret, NJ, with a popular carrier hotel at 165 Halsey Street in Newark, NJ, where NYSE Euronext maintains a point of presence for its SFTI network, which connects into its matching engines. Hibernia is...