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Content about Connectivity, Co-Lo and Proximity

August 15, 2011
Thomson Reuters Extends Elektron to Provide Proximity Hosting for FX Markets

Thomson Reuters today announced that it will deliver an integrated suite of information and trading services to meet the specific requirements of FX trading firms leveraging the Elektron hosting sites in London. These services include low latency connectivity to the Thomson Reuters Matching FX Spot markets, together with access to all other key sources of FX liquidity, an integrated set of content services and pre and post trading applications.

August 8, 2011
The Telx Group Acquired by ABRY Partners and Berkshire Partners

GI Partners (“GI”), a leading mid-market private investment firm, announced today the sale of its portfolio company, The Telx Group, Inc. (“Telx”), one of the fastest growing providers of global interconnection and colocation facilities, to ABRY Partners and Berkshire Partners LLC, two Boston-based investment firms. Terms of the transaction were not disclosed.

August 4, 2011
TMX and Atrium - If You Can't Join Them, Beat Them?

With a plan to expand internationally through a merger with the London Stock Exchange thwarted by a lack of shareholder support and a rival bid, Canada's TMX Group - Toronto Stock Exchange, Montreal Exchange, and others - is extending its reach through the acquisition of Atrium Network.  The move provides its markets with connectivity to North America, the UK, continental Europe and down to Brazil.

August 3, 2011
NYSE Technologies to Build SFTI Access Center at DuPont Fabros' Piscataway NJ1 Data Center

NYSE Technologies, the global commercial technology unit of NYSE Euronext (NYX), today announced that it has entered into a strategic agreement with DuPont Fabros Technology to build and operate a SFTI Access Center at their NJ1 data center facility in Piscataway, NJ.

August 3, 2011
Perseus Shaves Milliseconds to Sao Paulo

Just 106 milliseconds roundtrip, is the published latency for Perseus Telecom's new low-latency connection between Nasdaq's Carteret, NJ data centre and the Sao Paulo-based Brazilian securities, commodities and futures marketplace, awkwardly named BM&FBOVESPA.  Perseus is leveraging GlobeNet's submarine cable to go south.

August 3, 2011
Perseus Telecom Opens the Fastest Available Trading Connection to Brazil's BOVESPA Exchange

Perseus Telecom, a global provider of telecommunications, announced today that the firm has created the fastest available trading connection to leading Latin American exchange BM&F BOVESPA, via a partnership with GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi. Perseus Telecom now provides the most streamlined, lowest latency route directly linking Sao Paulo’s BM&F BOVESPA to New York’s NASDAQ OMX, and in turn, routes to major global exchanges such as the CME, NYSE, BATS, LSE, Deutsche Börse and Eurex.

August 3, 2011
TMX Group Acquires Atrium Network

TMX Group, Canada's leading operator of exchanges and related services, today announced that it has acquired Atrium Network, a leading provider of high availability, cost effective, low latency network solutions in Europe and North America. Atrium Network, which will be rebranded TMX Atrium, will operate as a unit of TMX Datalinx, TMX Group’s information services division.

August 2, 2011
Chronos Leverages Alpha Platform to Deploy Zardoz FX and Futures Trading

CFN Services, a leading provider of managed high-frequency trading enablement services, and Chronos Research, a provider of ultra‐low latency algorithmic trading software, announced today the launch of Chronos' sub‐five microsecond tick‐to-trade algorithmic trading suite, Zardoz, hosted on CFN’s Alpha Platform.

August 2, 2011
Co-Lo + Connectivity. Just Add Community for Profit!

For those interested in trends in co-location and connectivity, and the emergence of the community effect fueled by these technologies, you might take a look at this feature that I authored for A-Team's monthly Insight review. Download the attached PDF and enjoy!

August 1, 2011
CFN Services Launches Alpha Alliance, Setting the Standard for Next-Generation Trading Infrastructure

CFN Services, Inc., the leading provider of managed high frequency trading enablement services, today announced the Alpha Alliance, an innovative network of trading services firms delivering fully integrated and customizable solutions for the global electronic trading market. The Alpha Alliance brings together best-of-breed trading technologies, applications, and services across the full trading life cycle, from analysis and decision-making, to risk management, execution, and settlement of the trade.

August 1, 2011
euNetworks Optimises London to Frankfurt Low Latency Route

euNetworks Group Limited, announced it has optimised the important London to Frankfurt low latency route on its dedicated finance network. This optimisation ensures euNetworks continues to deliver leading latency to the trading community, supporting their need for ever improving trading speed.

August 1, 2011
Level 3 Connects London Stock Exchange to its Extensive Low-Latency Network

Level 3 Communications, Inc. today announced that it now offers connectivity to its colocation facility at London Stock Exchange Group’s Data Center in the City of London. The point-of-presence (PoP) offers connectivity to the world’s leading financial institutions who are co-located within the Exchange Hosting facility, using Level 3’s global low-latency network.

August 1, 2011
Level 3 Goes Last Mile to LSE

A bit more insight into the Level 3/London Stock Exchange news today.  After previously relying on others - competitors - to provide last mile connectivity to the LSE's co-location centre, the connectivity provider now owns that segment.  While that means slightly lower latency, the main benefit is related to control and management, so Level 3 can now offer a service level agreement with greater confidence, and faster network set up.

August 1, 2011
Link Investimentos Joins CFN Services’ Alpha Alliance to Provide Lowest Latency Market Access to BM&FBovespa Exchange

CFN Services, Inc., the leading provider of managed high-frequency trading enablement services, today announced Link Investimentos; one of the largest independent broker-dealers in Brazil to provide lowest latency market access to Brazil’s equities, commodities and futures exchange, has joined the Alpha Alliance. The inclusion of Link into the Alpha Alliance allows trading firms globally to extend their current trading strategies to Brazil with guaranteed lowest latency access for today and the future.

July 26, 2011
ACTIV Financial Expands ActivNet to Support Global Market Data Delivery

ACTIV Financial, a global provider of fully managed low-latency enterprise market data solutions, today announced the increased global presence of ActivNet, a private network created to globally distribute ACTIV’s market data. The robust infrastructure gives users direct and immediate access to ActivFeed, ACTIV’s highly compressed, low-footprint data stream that contains every tick on every instrument, as well as to an array of local and regional direct feeds that are available upon demand. ACTIV’s exchange co-located and proximity centers ensure space, power and cooling, and the extensive, flexible network is able to meet demanding requirements.

July 26, 2011
Custom Connect’s Low-Latency Connectivity between Frankfurt and Singapore Selected by Leading Global Trader

Custom Connect, a global reseller of high-performance network solutions, today announced that a major worldwide financial trader selected Custom Connect to deliver connectivity between Frankfurt, Germany and Singapore. It concerns dedicated 1G Ethernet connections between the Deutsche Börse and the Singapore Exchange (SGX). The fastest connection offers the lowest possible latency between both markets with a round-trip time of below 180 milliseconds.

July 21, 2011
Patsystems Colocates ASP Hub at Interxion

Interxion Holding, a leading European provider of carrier-neutral colocation data center services, is pleased to announce that Patsystems, a leading provider of trading and risk management solutions, has selected its City of London data center to host its recently launched London access point. Market participants can now easily and cost-effectively interconnect to Patsystems XConnect hub at Interxion.

July 13, 2011
Bats Europe Goes West to Equinix's Community

So, Bats Europe has officially signed on to relocate its matching engines to Equinix's LD4 facility in Slough, west of London.  If all goes well, it will be up and running at its new location in October, as a new member of the 'community' there.

July 13, 2011
BATS Europe Joins Platform Equinix and Its Global Financial Ecosystem

Equinix, a provider of global data center services, today announced that BATS Europe, a global operator of securities and derivatives markets, has signed a long-term deal to relocate the BATS Europe trading platform to Equinix’s London LD4 International Business Exchange (IBX) data center. Scheduled for October 2011, the switchover will provide a secure, low-latency, high-performance trading environment for BATS Europe’s integrated and dark electronic trading books.

July 13, 2011
Nomura Continues Low Latency Product Expansion in the Americas, Launches New Location

Nomura, the global investment bank, highlights the continued expansion of its Equity franchise in the Americas and the maturity of its electronic trading suite NXT, by going live in a new US data center.

July 12, 2011
Atrium Network Enhances Connectivity to New York and New Jersey Markets

Atrium Network, provider of smarter connectivity for the financial community, today announced that it has upgraded its New York to New Jersey high-speed link to 10Gpbs (gigabits per second) to provide additional bandwidth and scale in anticipation of increasing market data feeds from exchange venues in North America.

July 11, 2011
Atrium Network adds Fourth Point of Presence in New Jersey

Atrium Network, provider of smarter connectivity for the financial community, today announced that it has opened a new point of presence (PoP) at 165 Halsey, Newark.

July 11, 2011
Equinix Launches Second Phase of State-of-the-Art London Data Center

Equinix, a provider of data center services, today announced the opening of the second phase of its latest London (LD5) International Business Exchange (IBX) data center. This expansion of Platform Equinix adds another 4,000 square meters of customer space and capacity for 1,400 cabinet equivalents in the London metropolitan area.

July 11, 2011
Level 3 Launches New Ultra-High-Speed Trading Route between London and Frankfurt

Level 3 Communications today announced the launch of a new ultra-low-latency fibre-optic route to increase trading speeds between London and Frankfurt. The new route will also allow banks, hedge funds, brokers and other financial services institutions to execute trades with lower latency between additional exchanges connected to the Level 3 network including Zurich, Milan, New York and Chicago.

July 8, 2011
Thomson Reuters' Roche Takes On Enterprise Realtime – But Not Elektron

With Mike Powell taking over as global head of Enterprise content at Thomson Reuters Markets, long-time real-time tech head Terry Roche is stepping in to take on the role of business head for Realtime, relinquishing his former development responsibilities to Enterprise CTO David Kelly.