Transatlantic exchange operator Nyse Euronext is to implement a new high-speed, ultra-low latency trading and market data network as part of a major data centre upgrade project in New York and London.
The exchange is working with network specialist Ciena on what it claims is the first 100G network.
Ciena's 100G technology will support the growing bandwidth demands of Nyse Euronext's new data centres in the New York and London metro areas, both of which are set to be operational by next year.
The new centres - part of the Secure Financial Transaction Infrastructure network - will serve as the company's operational hubs for more than one billion daily transactions comprising petabytes of information.
Stanley Young, co-global CIO, Nyse Euronext, says: "Powering our new data centres and network with Ciena technology will help produce a clear competitive advantage for Nyse Euronext and our customers in terms of executing trades and delivering mission critical information as well as advancing leading edge applications such as state-of-the-art co-location facilities."