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Dark Fiber - euNetworks Enables Firms to Connect to the SFTI Optic Service

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July 23, 2010

euNetworks Enables Firms to Connect to the SFTI Optic Service

By Anuradha Shukla
TMCnet Contributor

The transformation to global electronic exchanges is still a work in progress. Globalization could lead to monopolies, but it is now easier to assemble new competitive exchanges.

In order to win more business from controversial high-frequency trading firms, Transatlantic exchange NYSE Euronext’s SFTI Access Centres has named euNetworks Group Limited as a supplier of connectivity to it.

Now euNetworks will enable firms to connect to the SFTI Optic service to access their racks within the new NYSE Euronext European Liquidity Centre. euNetworks provides networking services that form part of the NYSE Euronext European backbone. euNetworks now supports the networking requirements of NYSE Euronext clients.

NYSE Technologies’ Secure Financial Transactions Infrastructure (SFTI) network provides a single point of connectivity with lowest-latency access to multiple markets. It is designed to be the industry’s most secure and resilient network, specifically built for electronic trading and market data traffic.

SFTI Optic is the new wavelength service, launched for the first time to offer lowest latency access specifically for colocation customers within the new NYSE Euronext European Liquidity Centre.

euNetworks’ euTrade service portfolio delivers tailored solutions to the financial services community, delivering on-demand connectivity between all major Stock Exchanges and clearing houses across Europe.

Ranging from dedicated fiber, to wavelengths, and Ethernet based services, euTrade delivers pre-installed capacity for quick turn-up to bespoke solutions on optimized routes for the lowest possible latency. Connectivity ranges from 1GigE to 10GigE and potentially up to 40G and 100G based on customer demand.

Brady Rafuse, chief executive officer of euNetworks said that delivering ultra low latency solutions to the trading market is an important part of euNetworks’ bandwidth infrastructure business. He continued that being named as a supplier of connectivity for NYSE Technologies’ SFTI Optic service is testament to the high quality service we are providing to the market today.

Anuradha Shukla is a contributing editor for TMCnet. To read more of Anuradha’s article, please visit her columnist page.

Edited by Erin Harrison
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