Network services provider Sidera Networks says it has completed a major upgrade to its Xtreme Ultra Low Latency Network that will lower transmission latency between financial data centers and exchanges in the New York/New Jersey Metro area. As part of the upgrade, Sidera Networks now offers connections to NYSE Euronext’s Mahwah, NJ, data center.
The latency reductions cover connections to the following data centers:
- 1400 Federal Boulevard, Carteret, NJ
- 755 Secaucus Road, NJ
- 300 Boulevard East, Weehawken, NJ
- Mahwah Financial Data Center, NJ
- 165 Halsey Street, Newark, NJ
- 111 8th Avenue, NY
"Network connectivity is key to any company's ability to transact and access information," comments Larry Tabb, founder and CEO of the Tabb Group. "The New York/New Jersey market is an important region for the financial services market. There are exchanges, market data hubs, and other key data housed in these data centers throughout the region. Network redundancy, reliability, and accessibility to these information hubs are key concerns for companies as they architect their networks for more efficient communications."
Sidera asserts it meets the requirements Tabb describes. Its seven Manhattan river crossings and unique conduit system in the metro area offer diversity, while Sidera’s Transcom route from New York to Washington, DC, offers redundancy. The company also says it offers the lowest latency routes from the New York/New Jersey metro area to other financial centers such as Chicago, Toronto, and London.
“Since the development and launch of the Xtreme Ultra-Low Latency Network in 2010, Sidera Networks has proudly served the low-latency requirements of financial services market,” said Clint Heiden, president, Sidera Networks. “We have committed to customers that we will maintain our low-latency edge so that they can meet their application requirements, including electronic trading. When completed, this upgrade will deliver on that commitment.”