Zayo Bandwidth deploys low latency, fiber-optic network between New York and Chicago

Feb. 11, 2010
FEBRUARY 11, 2010 -- Zayo Bandwidth in Louisville, Colo., announced that it has deployed a low latency, fiber-optic route between major carrier hotels in New York and Chicago. The route, which was built on Zayo Bandwidth's operated network, was deployed in order to support algorithmic trading requirements for financial and carrier customers.
FEBRUARY 11, 2010 -- Zayo Bandwidth in Louisville, Colo., announced that it has deployed a low latency, fiber-optic route between major carrier hotels in New York and Chicago. The route, which was built on Zayo Bandwidth's operated network, was deployed in order to support algorithmic trading requirements for financial and carrier customers. The network not only provides low latency transmission capabilities, but also physical path diversity from other common carrier long-haul backbone routes."Financial transactions, supported by the latest algorithmic trading platforms, are growing to such a degree that millisecond improvements in network speeds are not only a competitive advantage but also maximize profits," says John Scarano, chief operating officer & co-founder of Zayo Group and president, Zayo Bandwidth. This regional route enables global banks, financial/commodity exchanges, market data providers, hedge funds, and other market participants to deliver market data and execute orders from locations within New York and Chicago including: 111 N Canal St. and 350 East Cermak Rd., (both in Chicago) to 165 Halsey in New Jersey, and 111 8th Ave. and 60 Hudson St., (both located in New York). Zayo's sister company, Zayo Colocation Services (zColo) is the exclusive manager and operator of the 60 Hudson St. Meet-Me-Room in New York City.Zayo Bandwidth: www.zayo.com/bandwidth

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