Pipeline Trading taps RCN Metro for Ethernet connectivity
FEBRUARY 11, 2009 -- Pipeline Trading Systems LLC, provider of block execution systems, has selected RCN Metro to provide Ethernet service between its data centers as well as connectivity to the major financial exchanges.
FEBRUARY 11, 2009 -- RCN Metro Optical Networks (search for RCN Metro Optical Networks), a division of RCN Corp., will provide Pipeline Trading Systems LLC, a provider of block execution systems, with Ethernet service between its data centers as well as connectivity to the major financial exchanges.
Pipeline partners with block traders to optimize the execution of large trades while denying statistical arbitrageurs the information they would need to profit from this information. Pipeline claims to be the only block execution system that combines the high probability of block liquidity with the unmatched performance of predictive switching between best-of-breed algorithms. It was built from the ground up to deliver impact-free block liquidity in the face of increasingly sophisticated predators, says the company.
"We are pleased that Pipeline selected RCN Metro," reports Felipe Alvarez, president of RCN Metro Networks. "RCN Metro's network affords the low latency, reliable environment that Pipeline's block traders need in order to compete in today's marketplace."
"Reliable network performance is crucial to our success," adds Vincent Aniello, vice president and director of network operations as Pipeline. "We chose RCN Metro because we knew they could provide the bandwidth that we needed, backed by high quality service and support. An outage or a degraded network connection would severely hinder our ability to provide the best service to our clients, but with RCN Metro's services, we limit the chance of that happening," he says.