The Chicago Stock Exchange has upgraded its communications system from legacy T-1 lines to a high-speed optical Ethernet service, enabling trade orders to be routed, executed and confirmed in less than a second.
The exchange's previous T-1 line was frequently jammed with traffic, causing noticeable service slowdowns. Using optical IP network technology from Yipes Communications, the exchange has now been upgraded to a fat 10 megabits-per-second pipe to the Internet.
David Coder, manager of networks at the Exchange, comments: "Yipes was the only vendor in our building that could provide an optical Ethernet service."
"Ethernet is simple and easy. You just plug it in and turn it on. With Ethernet, there's none of the cost or complexity of a CSU/DSU," he adds.
Yipes technology also allows instant scalability of the network from 1 Mbps to 1 Gbps, in 1 Mbps increments if desired. "We wanted to be able to turn up the knob in case we develop future bandwidth-intensive applications," says Coder.