Spread Networks Adds New Low Latency Wave Service from Chicago to New Jersey
Ridgeland, MS - June 14, 2011 - Spread
Networks, LLC, a privately owned telecommunications provider, today
announced the introduction of low latency Ethernet wave services
between Chicago, IL and multiple endpoints in NJ. The Spread
Networks® Low Latency Wave service has an SLA of 15.9 milliseconds
round-trip between 350 East Cermak Road, Chicago, IL and all
endpoints in New Jersey, with measured performance of 15.85
milliseconds.
Spread Networks® Low Latency Wave service is a fully managed and
secure point-to-point Ethernet service designed for enterprise
customers that value cost effective network diversity without
sacrificing latency between Chicago and New Jersey. This service
complements Spread Networks® Ultra Low Latency Wave service, which
offers a latency SLA of 14.75 milliseconds and measured performance
of 14.6 milliseconds, the fastest commercially available service
connecting these financial centers. Customers can easily upgrade
from the Low Latency Wave to the Ultra Low Latency Wave as
needed.
"Spread Networks is dedicated to providing best in class low
latency solutions designed specifically to meet the needs of
financial market participants," said David Barksdale, CEO of Spread
Networks. "With the new Low Latency Wave service, we provide our
customers with a range of solutions to balance their need for low
latency with their requirements for diversity and cost effective
connectivity. Customers can seamlessly upgrade from our Low Latency
Wave service to our Ultra Low Latency Wave service as their needs
evolve. Only Spread Networks can offer this level of
flexibility."
With endpoints in Carteret, Secaucus, Newark, and Weehawken, NJ,
Spread Networks® Low Latency Wave service offers ten gigabit wave
service, with each customer receiving a dedicated wavelength, so
there is no shared bandwidth.
In addition to electronic trading firms, this service is ideal for
brokers, market data vendors, exchanges, ECN and alternative
trading systems (ATS) that value low latency on a diverse network.
The network is monitored by a dedicated customer service team and
backed by a competitive service level agreement.
Spread Networks' fiber network was built from the ground up with
the financial community in mind. In addition to its wave services,
Spread Networks offers its flagship private dark fiber service that
is the benchmark for ultra low latency connecting New York and
Chicago in under 13.33 milliseconds roundtrip. To build this
network, Spread Networks literally trenched a long-haul route on
the shortest possible path connecting these two financial
centers.
About Spread Networks
Spread Networks, a privately owned 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. www.spreadnetworks.com
Contact:
media@spreadnetworks.com