Telstra launches low-latency service for financial traders

Australian carrier Telstra has launched low-latency connectivity services out of CME Group’s Aurora data center, located in Aurora, IL. The new services will provide local financial trading organizations with fast and reliable connectivity into other major financial centers around the world including the Australian Securities Exchange (ASX) in Sydney, Australia.

Australian carrier Telstra has launched low-latency connectivity services out of CME Group’s Aurora data center, located in Aurora, IL. The new services will provide local financial trading organizations with fast and reliable connectivity into other major financial centers around the world including the Australian Securities Exchange (ASX) in Sydney, Australia, Telstra says.

Matthew Lempriere, Telstra’s global head of financial services market segment, said that the new point of presence (PoP) at CME Group’s data center will help improve services by providing enhanced market data and the lowest latency possible when accessing the U.S. market.

"Financial institutions are increasingly facing diverse challenges relating to speed, resilience, and integrity of data. At the same time they are looking for higher bandwidth and reliable low latency connectivity, to drive agility and flexibility in existing and emerging markets," he explained. "This new PoP, combined with Telstra's award-winning network, means we are well positioned to provide a consistent service experience and a one-stop-shop for our customers' low-latency global connectivity needs."

The new PoP will also enable Telstra’s U.S. customers to mitigate risks and scale quickly to meet changing business and bandwidth demands, while taking advantage of growth opportunities in the Asia Pacific region, he added.

Telstra's new low-latency connectivity is backed up by comprehensive service-level agreements, while low round-trip delay makes it a safer option for businesses operating globally or in diverse geographies, the operator asserts.

"The service is highly scalable and can easily handle rapidly changing bandwidth demands, which are characteristic of low-latency financial trading and cloud-based services," said Lempriere.

Telstra says the service builds on its previous PoP placements in 2013, when it connected the Singapore Exchange and Hong Kong Stock Exchange.

Telstra is an approved carrier of the CME Group’s co-location facility and, due to the open access model for telecommunication providers, this service is made available to all CME Group customers trading out of the Aurora data center.

For more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer’s Guide.

More in Packet Transport