HKEx speeds up backbone network with Nortel DWDM platform
MARCH 16, 2007 - As part of a response to growing transaction volumes, Nortel will provide HKEx with its Optical Metro 5200, a data-optimized DWDM platform that delivers 32 wavelengths of bandwidth.
MARCH 16, 2007 - Hong Kong Exchanges and Clearing Ltd (HKEx), one of Asia's largest international stock exchanges, has upgraded the speed and reliability of its backbone network infrastructure serving derivatives markets with high-bandwidth optical DWDM technology from Nortel (search for Nortel).
As part of a response to growing transaction volumes, Nortel will provide HKEx with its Optical Metro 5200, a data-optimized DWDM platform that delivers 32 wavelengths of bandwidth, 10-Gbit scalability, subrate multiplexing capabilities, network management, and modeling tools that simplify the deployment of efficient DWDM metropolitan networks.
Alfred Wong, chief technology officer and head of IT at HKEx, states, "This high-bandwidth, DWDM-powered network will help us to lower costs and at the same time enable high-speed, mission-critical data transmission across the core intersite network that serves derivatives markets. The DWDM technology will also support a fast and cost-effective roll-out as we integrate additional computing systems in the future."
"Nortel has a long and successful business relationship with HKEx and recently upgraded the new network infrastructure at its revamped trading hall, supporting approximately 300 trading terminals with an Ethernet switching solution," adds David Wong, managing director, Hong Kong, South China, and Macau, Nortel. "Our technology will also provide HKEx with new heights of security, reliability, and high-speed connectivity for traders and other network users."
Nortel lists various stock exchange customers on its roster, with the company's data networking technologies reportedly supporting "billions of transactions daily" at exchanges in New York, Sao Paulo, Buenos Aires, Bombay, Seoul, Sydney, and Hong Kong.