Strike upgrades CME-Nasdaq microwave network

Source: Strike Technologies Services LLC

Strike Technologies Services LLC today announced the completion of a major upgrade to StrikeNET, its ultra-low-latency microwave network connecting the CME and Nasdaq datacenters at Carteret, NJ, and Aurora, IL.

StrikeNET now offers customers the ability to transmit data at record speeds of 4.17 milliseconds as measured from rack to rack. Using proprietary technology, StrikeNET is capable of fully optimizing scarce microwave bandwidth through unique compression methods, while at the same time dynamically adjusting operating specifications for weather conditions in order to provide record-breaking reliability. The network has been live and operational for the past six months and is consistently providing availability greater than 99.7%.

"This latest upgrade to our network positions StrikeNET as the best-in-class commercial microwave offering at a customer-friendly balance between reasonable pricing, high reliability and extreme low-latency," said Shawn Melamed, Global Head of Commercial Products at Strike Technologies. "We believe that all capital markets firms should have access to microwave links between financial centers without the costly engineering and construction outlays required to build, operate or integrate this transformational technology. We've done the hard work; all customers have to do is order a cross-connect to seamlessly integrate and start transmitting data."

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