Reducing latency is the business edge that high frequency trading companies need to compete and prosper. Just a fraction of a second gives you the competitive advantage that can be the difference between winning and losing.
Building and Deploying a Competitive Edge
The financial industry has an unceasing appetite for performance. But, network latency advantages are just the beginning when it comes to building a competitive edge. Financial corporations must now integrate their entire network strategy to address every aspect from route latency to diverse coverage, backup and bandwidth availability to meet the exploding requirements of high-performance computing. So, how does one of the largest financial exchanges in the world turn the need for new infrastructure into an opportunity to exceed all prior performance metrics?
- Completely redundant network
- Lower overall network costs for clients and member firms
- Increased bandwidth availability
- Lower latency connectivity than all other major financial exchanges globally
The exchange was committed to evaluating the network from a holistic perspective. The team focused on leveraging the lowest-latency routes within a larger configuration that would address everything from increased bandwidth to backup diversity. Partnering with premier data transport solutions provider Extenet Systems, the exchange discovered how to build and deploy much shorter and more effective connectivity options. Extenet engineered a customized fiber-optic network from the new data center back to the five main colocation sites that housed the other financial trading engines. They were able to design multiple entrance options into the data center, as well as multiple river crossings between New York and New Jersey to utilize for disaster recovery and connectivity options. They built two main distribution points within the building for added redundancy and backup. They also connected to the data center as an Extenet hub point, opening up access to data, IP and potentially wireless RF services as needed in the future. The solution not only gave the exchange access to the lowest latency paths in the industry, but it also utilized existing infrastructure to reduce network costs and introduced previously unavailable bandwidth options and connectivity services.