“As a connectivity provider for the global financial community, we are delighted to launch our ‘shortest path’ services into one the world’s fastest growing top financial centres,” comments Robert Bicket, Chief Executive Officer at AlgoSpan.
London, United Kingdom (PRWeb UK) October 14, 2010
AlgoSpan Limited, network carrier providing ultra-low latency ‘shortest path’ connectivity solutions, today announced that it has launched a new network route to Zurich, dedicated exclusively to the needs of the financial community.
With pre-installed capacity available, the fully resilient latency optimised network links Six Swiss Exchange with other data centres on AlgoSpan’s inter-exchange network, encompassing all major trading venues across Europe and the United States. The launch of this critical route enables customers to take advantage of the Exchange’s new access nodes in strategic locations across the city.
AlgoSpan’s guaranteed 7.3 ms one-way latency to London (measured delay from Equinix ZH4 to Interxion LON1), uses shortest path fibre routes via Frankfurt, applying the latest generation transmission platforms for the lowest possible latency. AlgoSpan’s proximity hosting services are also available for customers that want to cut distance related delays to the absolute minimum, by physically placing their systems in the same data centre as the access node for SIX Swiss Exchange critical trading system infrastructure.
“As a connectivity provider for the global financial community, we are delighted to launch our ‘shortest path’ services into one the world’s fastest growing top financial centres,” comments Robert Bicket, Chief Executive Officer at AlgoSpan. “Our on-demand ultra-low latency connectivity and proximity hosting services offer rapid installation for financial service firms needing to gain direct access to the Swiss Securities Exchange.”
This extension is part of a network development programme, seeing AlgoSpan launch dedicated low-latency connectivity and proximity hosting services designed to target distance related delays, optimised for algorithmic and high frequency trading. Other locations include key financial exchanges and data centres in the London, Stockholm, Frankfurt, Chicago and New York.
AlgoSpan’s high-performance point-to-point fibre network capabilities use the most direct routes focused on latency, whilst proximity hosting services enable customers to physically locate trading systems within the exchange data centre. As a subsidiary of FibreSpan, a national Telco specialising in dark fibre, AlgoSpan has a unique capability to provide fibre connectivity directly between the customer’s premises and the exchange network, providing customers with specific end-to-end latencies between their premises and different exchanges.
Kerry Jago, Marketing Manager
T: +44 (0)845 313 8910
AlgoSpan is a network carrier providing ultra-low latency ‘shortest path’ connectivity solutions, designed to reduce execution times to all major trading venues across Europe and the United States. We combine high-performance point-to-point network and proximity hosting services to deliver super fast market access directly to the trading desktop. AlgoSpan is a joint venture between FibreSpan Limited and AlgoTechnologies Limited.
# # #