|By PR Newswire||
|January 10, 2014 09:31 AM EST||
RIDGELAND, Miss., Jan. 10, 2014 /PRNewswire/ -- Spread Networks opened a point of presence this month at the NYSE Euronext datacenter in Mahwah, NJ. By adding this key financial data center to its best in class fiber optic network, Spread is now able to offer the lowest-latency fiber optic connection between NYSE Euronext markets and all major Chicago exchanges. Wavelengths on the Mahwah to Chicago route are available at bandwidths from 1Gb to 10Gb exclusively through the SFTI® network, the world-class secure global trading backbone for resilient multi-market, multi-asset connectivity to the capital markets. Firms interested in ordering SFTI Optic services on this route should contact their NYSE Euronext SFTI account representative.
Spread Networks built, owns and operates the lowest-latency fiber optic connection between New Jersey and Chicago, and the addition of Mahwah as a connection point for the Spread Networks backbone will significantly improve the Mahwah to Chicago connectivity options for trading customers collocated at NYSE Euronext's facility. Initially launched in August 2010, Spread Networks trenched an entirely new long-haul fiber optic route between downtown Chicago and key exchange datacenters in New Jersey. Taking an entirely new and direct route, Spread's fiber optic line is hundreds of miles shorter and milliseconds faster than other fiber optic connections between New Jersey and Chicago, allowing Spread to offer unparalleled latency, reliability, and bandwidth to trading firms seeking reliable, high-bandwidth connectivity between major North American exchanges.
Ian Jack, Head of SFTI & Colocation at NYSE Euronext says, "We are committed to providing low latency services to our Mahwah community - partnering with best-in-class services like Spread Networks to optimize the Chicago to Mahwah fiber routes brings potential for significant performance improvements which can benefit our colocation customers. As the exclusive provider of Spread's wavelength services at Mahwah, we will be able to provide customers with a truly unique, low-latency and highly reliable SFTI Optic service between New York and Chicago for their mission critical data."
"No other network operator is able to offer the unique combination of low latency, reliability and bandwidth that Spread Networks provides our customers. We are thrilled to be expanding this service to one of the world's most important financial datacenters and look forward to working with NYSE Euronext and their customers to provide access to our network," commented David Barksdale, Spread Networks CEO.
About Spread Networks
Spread Networks, a privately own telecommunications provider, built a new fiber network from the ground up, connecting New York and Chicago to set a new standard for latency. Without the drag of traditional telecommunications offerings, Spread Networks provides its customers with a state-of-the-art diverse and secure fiber optic network to allow data to run as close as possible to the true speed of light through fiber.
SOURCE Spread Networks