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

A-Team Insight Blogs

Now it Makes Sense … Blade and NYSE Euronext

Subscribe to our newsletter

A few inquiring minds have been asking me lately about a company called Blade Network Technologies, and specifically why it is participating in a panel “Building the World’s Fastest Trading Network” at next week’s High Performance Computing on Wall Street conference – it’s a panel that I am moderating, and also includes Stanley Young from NYSE Euronext. I have to say, it’s all been a bit hush hush until today.

But now some news is out there … that Juniper Networks, among others, has invested in Blade, and is officially an OEM customer, with Blade supplying Juniper’s EX2500 top-of-rack 10G Ethernet switch. That’s the switch that NYSE Euronext will be deploying in significant numbers as part of the new data centre and network infrastructure that it is rolling out in 2010. So that explains the panel makeup, which also includes Kevin McPartland of Tabb Group to do some big picture ruminating. It should be a good one.

For Blade, the Juniper/NYSE Euronext deal is somewhat of a coup as it competes with a rather bigger competitor in the form of Cisco Systems (which is also hosting a panel at HPConWS). For its part, Blade positions itself as a partner to major server and storage vendors – including HP, IBM, NEC and Verari Systems – whereas Cisco’s recent entry into the server market has brought it into competition with former partners in those spaces.

Today’s news of Series B investment not only from Juniper, but from NEC and another, unnamed technology vendor, as well as further participation from founding investor Garnett & Helfrich Capital, values the company at $230 million, and provides a good base for continued growth, building on a strong track record to date.

Blade’s CEO Vikram Mehta says the company is very much aware of the low latency and low jitter needs of Wall Street customers, and that it has looked to align its products with application needs, such as those of NYSE Technologies’ Data Fabric. The company also plans to announce a significant partnership with a data warehousing company in the near future, says Vikram, who notes the adoption of that technology for data mining by exchanges.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Post-Trade Transformation: Automating Clearing & Settlement

Date: 1 December 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The UK, EU and Swiss markets move to T+1 settlement on 11 October 2027, but the first binding compression arrives almost a year earlier. ESMA’s amended settlement discipline RTS expects allocation and confirmation completed by 23:00 CET on trade...

BLOG

Putting Quantum Computing to the Algo Trading Test

Quantum computing has long been discussed in capital markets as a technology with potentially transformative applications, but one whose practical impact remains some way off. Recent work by HSBC and IBM suggests the gap between quantum research and real-world trading may be starting to narrow. In a study using production-scale European corporate bond trading data,...

EVENT

Data Management Summit London

Now in its 17th year, Data Management Summit (DMS) London returns In April 2027, to explore how to use data and AI to drive measurable business outcomes reliably, repeatedly and at scale.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...