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

Twin Lakes Set To Roll Aurora-Chicago Microwave Service

Subscribe to our newsletter

Chicago-based Twin Lakes Ventures plans to next month roll out microwave service between the Chicaco Mercantile Exchange’s Aurora, Il data centre and the popular proximity centre and telecom carrier hotel at 350 East Cermak Street in downtown Chicago.

Twin Lakes is tapping the services of CCSI, whose principals founded the company.  CCSI designs, builds and maintains wireless communications networks and facilities, the company having several years of experience of building microwave backhauls for carriers. Now, the company offers turnkey solutions, leveraging its in-house staff, choosing not to outsource functions in order to maintain high quality.

The Aurora to Chicago service will provide four channels, each with 160 mbps capacity. CCSI principal Gene Callahan is not saying how fast it will be, but is confident it will beat existing fibre connections. The microwave link has just two hops and is very close to the “as the crow flies” distance of about 33 miles. Callahan says customers are already signed up to use the service, though the company has just begun marketing to add more.

The 350 Cermak facility – which once housed the CME’s core matching engines before their move to Aurora – is home to markets like IntercontinentalExchange, as well as several proximity services operated by the likes of Equinix and Telx. It’s also a key connectivity point from other cities and is served by a number of market data vendors. As such, it is a popular building in which to locate trading systems that require access to multiple markets.

For the future, Callahan says that Twin Lakes is “working on several of the obvious – and not so obvious – locations around the world to provide microwave networks serving low-latency customers.”

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

Unlocking Wall Street’s Dark Data: How AI Agents are Transforming Trading Floor Chat

For decades, some of the most valuable information in financial markets has been hiding in plain sight. Client intent, actionable orders, and vital market colour have been locked within the unstructured, transient streams of human-to-human chat. On trading floors worldwide – particularly in over-the-counter (OTC) markets – this conversational data represents a multi-trillion-dollar blind spot:...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Corporate Actions

Corporate actions has been a popular topic of discussion over the last few months, with the DTCC’s plans for XBRL and ISO interoperability, as well as the launch of Swift’s new self-testing service for corporate actions messaging, STaQS, among others. However, it has not been a good start to the year for many of the...