21 July 2018
Visit www.gemalto.com

Fixnetix rolls out 10Gb+ point to point fibre network to connect European trading venues

12 January 2009  |  2201 views  |  0 Source: Fixnetix

Fixnetix, a leading provider of ultra-low latency market data and trading connectivity services, has announced details of a major programme to upgrade its European network to support dramatically increasing trade volumes.

Already the performance leader for end-to-end market data provision and trading access, Fixnetix will upgrade its current European infrastructure to a DWDM network capable of offering up to 80 Gigabits of capacity in order to support increasing market traffic volumes, which are currently growing at between five and ten percent per month.

Fixnetix's major network upgrade will be rolled out across Europe, directly connecting the co-location facilities of exchanges and MTFs across all the major financial centres. The upgrade is scheduled for completion by the end of February 2009.

"At Fixnetix we're committed to setting the performance standard, so we're investing significantly in our network infrastructure to ensure that we continue to offer the market's fastest, most reliable and most cost-effective connections to all the major European stock exchange and MTF venues," commented Hugh Hughes, Fixnetix's Chief Executive Officer. "Recent market volatility has obviously contributed to a dramatic growth in trading, and we expect this to continue. That's why we're future-proofing our business with an 80 Gigabit DWDM infrastructure that will not only support the next generation of trading, but also clearly signal Fixnetix as the de facto choice for customers looking for proven ultra-low latency performance guaranteed by SLAs that incorporate the most advanced latency monitoring.

"As one of the few remaining independent providers of low latency market data and trading infrastructure connectivity to financial institutions such as investment banks and hedge funds, we're able to retain our focus on providing best-of-breed components - such as DWDM networking - across our complete offering, giving customers the re-assurance that comes from a single SLA for our end-to-end service that can be delivered on the wire to speed delivery, simplify integration and reduce overall costs," he continued. "By creating a 10 Gigabit plus European network based on DWDM, we've been able to facilitate the development of our hosted DMA solution for data and trading to all the major Exchange & MTF venues - thus allowing our clients to trade faster at each co-location venue."

DWDM (Dense Wave Division Multiplexing) technology supports the transmission of multiple data-streams over a fibre-optic medium via a spectrum of colours or waves, rather than the traditional single on/off (binary/digital) signalling of fibre-optic transmitters. Supporting up to 80 Gigabits per second of capacity, DWDM services offer a particularly cost-effective means of offering flexible, high speed links, providing the necessary underlying capacity, but also the flexibility needed to keep with expanding demand and next generation technology requirements.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit http://go.jumio.com/finextraAdVisit https://secure.vasco.com

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13464 views comments | 6 tweets | 8 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
11088 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
10041 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
7335 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
7140 views comments | 2 tweets | 7 linkedin

Featured job

Competitive base, double ote, benefits
New York City, NY - USA

Find your next job