Custom Connect offers low latency link between Sao Paulo and New Jersey

Source: Custom Connect

Custom Connect, a global reseller of high-performance network solutions, announced today that it delivers the lowest possible latency of 106.0ms round-trip between leading financial exchanges in São Paulo, Brazil and New Jersey, USA.

São Paulo is home to the only securities, commodities and futures exchange as well as the most important institution for intermediate equity market transactions in Brazil.
In 2011, foreign investors led trading in São Paulo, accounting for over 49 million trades, which was nearly 35% of the total trade volume.

Custom Connect offers a bespoke solution that:
• Is optimized for Multilateral Trading Facilities (MTFs) between financial markets;
• Offers the lowest possible latency between São Paulo and New Jersey;
• Offers an SLA (walk-away clause) on the round trip latency of 106.9ms RTD;
• Includes 24/7 support; and
• Includes dedicated project management.

"We investigate the telecommunications market on a daily basis and we are always able to provide our customers with the lowest latency routes available as a result," commented Jan Willem Meijer, Executive Director at Custom Connect.

With the support of the Comissão de Valores Mobiliários, the national regulator, Brazil is rapidly becoming an international hub ready for investors looking to find liquidity through new arbitrage and hedging opportunities.

The market in São Paulo has demonstrated high growth as demonstrated by the record numbers set in 2011. The trade volume more than doubled compared to 2008 to 567,187 trades per day, and the total financial volume was US$913 billion (US$3.69 billion per day). The total market value of the 373 companies listed is US$1.3 trillion.

Meijer continues: "This low-latency route opens important opportunities for traders and other financial firms, looking to increase exposure to Latin America and to diversify their product portfolio. Our customers will gain a significant market advantage by establishing this ultra low-latency route between the major financial exchanges in São Paulo and New Jersey. This connection allows trading desks and other financial firms to develop innovative high-frequency trading strategies, products and services incorporating securities traded through the leading financial exchange in São Paulo."

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