QuantHouse selects Level 3 to provide ultra-low-latency transport between London and Stockholm
QuantHouse, a provider of end-to-end systematic trading systems, has selected Level 3 Communications Inc. (NASDAQ:LVLT) to provide ultra-low-latency transport services from London to Stockholm.
QuantHouse, a provider of end-to-end systematic trading systems, has selected Level 3 Communications Inc. (NASDAQ:LVLT) to provide low-latency transport services from London to Stockholm.
The route, recently added to Level 3's portfolio of low-latency offerings, provides financial services customers high-speed connectivity and lower transmission delays between Europe's largest trading market and the growing financial market in Stockholm.
"Our customers are some of the most technologically sophisticated and demanding in the financial services market--they expect the best and most reliable services in order to give them an edge," says Pierre Feligioni, CEO of QuantHouse.
QuantHouse is using Level 3's transport system to provide customers with ultra-low latency access from London to Stockholm using QuantHouse's own algorithmic trading solution. Transactions on the routes are backed by network redundancy and stringent service level agreements (SLAs) relating to performance on the Level 3 network.
"Our customers not only want the fastest connectivity, they want the flexibility to easily reach the market of their choice, using the most advanced technology possible with as little risk as possible," explains James Heard, president of European Markets. "The addition of the London-to-Stockholm route is a perfect example of Level 3's commitment to helping our financial services customers connect quickly and reliably to more of the world's key financial destinations--all on one of the world's largest Internet backbone networks."