Monday, April 16, 2012

Verizon Financial Network Cuts Latency for Chicago - NYC

Verizon has implemented a number of network enhancement to cut latency for ultra-fast financial trading along the key Chicago to New York City route. The Verizon Financial Network is now offering speeds as low as 14.5 milliseconds round-trip, one of the fastest speeds in the industry.

The performance gain is achieved in part with Ciena's 6500 Packet-Optical Platform. Verizon's premier service features full network monitoring and management for both latency and availability.

CME Group, the world's leading and most diverse financial derivatives marketplace, will be among the first customers for the Verizon Financial Network Premier Low-Latency Service and will use it in its Aurora, Ill., data and colocation center to enable companies in Chicago and New York to trade on CME Group's platforms and exchange market data in a low-latency environment.