Tuesday, June 23, 2009

Level 3 Builds Low-Latency Network Between NYC and Chicago

Level 3 Communications has activated a low-latency, fiber network between New York and Chicago. The network expansion was deployed using the shortest-path routes and advanced electronics to enable high-speed transaction rates with very low transmission delays.

The new route offers aggregate bandwidth of multiple 40 Gbps connections to accommodate growing traffic volume generated by hedge funds, investment brokers, financial exchanges and other market participants. Currently, more than 80 Gbps of live financial trading traffic is being carried over the new route.

In addition to the recent network expansion, Level 3 has also collaborated with financial services customers to design custom, low-latency network services to select trading venues throughout North America and Europe. Level 3 noted that it now offers direct connections to 15 financial exchanges, 15 electronic communications networks and seven market data centers.