Anova Technologies streamlines OptiWave fiber offering between NASDAQ and Telx TransAtlantic POP
Live as of early January 2013, the fiber upgrade shaves 17% off round trip latency, preserving Anova's proprietary financial network as the fastest in the market
CHICAGO--(BUSINESS WIRE)-- Anova Technologies, the preeminent financial and exchange connectivity provider, announced its recently upgraded OptiWave fiber path between 1400 Federal and 111 8th Ave. With literally multiple dozens of microseconds trimmed off the round trip latency, this is the fastest fiber connection available on that particular route.
"We champion self-disruption," stated Michael Persico, founder and CEO of Anova Technologies. "Whenever there exists an opportunity to widen the latency gap between ourselves and our nearest competitors, we make that investment. 1400 Federal to Telx's 111 8th Ave. is a significant connection if you're looking to leverage liquidity, arbitrage, hedging or trading indicators between NASDAQ and any number of the European exchanges. Firms need access to this TransAtlantic entry point as quickly as possible."
By utilizing Anova's upgraded path out of 1400 Federal, clients have direct access onto the quickest ramp to the heaviest utilized cross-Atlantic fiber gateway at Telx. Once they've landed at 111 8th Ave., they can then tie into TransAtlantic fiber out to any number of European exchanges, such as: the London Stock Exchange, the largest exchange in Europe and third largest in the world, the London Metal Exchange, the biggest non-ferrous metal market, NYSE LIFFE, the most liquid interest rate futures and swaps exchange in Europe, BATS London, Chi-X and others.
"We are always upgrading our network as a whole," continued Mr. Persico. "But our clients expect us to get granular and keep each route on point with the pursuit of the perfect path. However, this is a mere slice of our 2013 global agenda. The next twelve months will absolutely spawn some exciting and massive change...for our clients, the industry, and Anova. We're on the precipice of launching the end-game solution in the RF sphere, optimizing the majority of our fiber network and delving heavily into the external acquisition of key assets... not just to stay ahead of the curve, but drive its trajectory."
About Anova Technologies: Anova Technologies is exclusively concentrated on HFT and algorithmic trading clients. Our goal is to symbiotically implement the most up-to-date and best-in-class trading connectivity solutions with unrivaled speed and agility. With the fastest routes connecting the major exchanges throughout the US, Canada, Western & Eastern Europe, and South America, Anova Technologies consistently delivers the ultimate trifecta to its clients: speed, accessibility and easy deployment.
KEYWORDS: United States North America Illinois New York
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