NYSE Euronext has selected Ciena Corp.’s 100G optical network technology to support high-speed, low-latency connectivity for market data and execution globally, as part of its Secure Financial Transaction Infrastructure (SFTI) network. Ciena’s 100G technology will be a core infrastructure component to support the growing bandwidth demands of NYSE Euronext’s new data centres in the greater New York and London metropolitan areas.
Ciena’s CN 4200 RS FlexSelect Advanced Services Platform, capable of delivering a true 100 gigabits-per-second data stream over a single wavelength, will play a key role in the SFTI network, allowing NYSE Euronext to maximise customers’ access to a wide variety of financial information and trading applications.
These facilities are expected to be operational in 2010 and are designed to serve as the company’s operational hubs for more than one billion daily transactions comprising petabytes of information.
According to Stanley Young, CEO of NYSE Technologies and co-global CIO of NYSE Euronext, “It is critically important for NYSE Euronext, in our dual role as an exchange operator and technology company, to ensure a technology and operational infrastructure of the highest quality and integrity, and to provide the highest levels of speed and capacity, lowest latency and maximum flexibility."
For more than a year, NYSE Technologies’ U.S. and European communications engineering teams led by Andy Bach, senior vice president and global head of communications, as well as global IT procurement and legal support services, worked to define an architecture and select a partner to jointly define, create and deploy the network.