Verizon Business delivers low-latency, high-speed connectivity for NYSE Euronext colocation customers

JULY 22, 2010 -- NYSE Euronext has selected Verizon Business as a provider of high-speed connectivity for its new SFTI Optic service. Verizon Business will provide low-latency connectivity from customer premises into the exchange's SFTI access centers, enabling SFTI Optic wavelength low-latency access into colocation racks in NYSE Euronext's new European Liquidity Center.

Heightened competition and technological advancements in the fast-paced financial services market have increased the need for the lowest-latency trading infrastructure to provide microsecond access to market data and matching engines, prompting NYSE Euronext to launch a new liquidity center in Basildon, Essex, to host all of the exchange's European markets, reveals a company spokesperson.

Chandan Sharma, global managing director of Verizon Business' financial services practice, says: "Downtime isn't an option for the financial services environment -- time delays can literally equate to money lost. Companies need to be able to trade in real time and rely on high-speed, secure and reliable connectivity solutions, such as those provided by Verizon Business, to maintain their strategic competitive advantage.” Company personnel have worked closely with the customer to supply connectivity tools that support the company's strategic business goals and future business expansion, Sharma adds.