Spread Adds Weehawken to its Network Endpoints
February 27, 2011
Spread Networks said it added a Savvis data center in Weehawken, N.J., to its high-speed data transport service between Chicago and the New York metropolitan area.
The service, which has a service level guarantee of 15.75 milliseconds roundtrip is between a Telx data center at 350 East Cermak Road in Chicago and Savvis, in Weehawken.
Savvis hosts BATS Global Markets’ Z and Y equities exchanges at its facility, as well as BATS’ options exchange. Savvis also hosts a UBS electronic trading platform and a UBS dark pool there.
Savvis’ NJ2 is the premier multi asset-class financial services data center complex, currently hosting the matching engines of two of the top four U.S. equities exchanges, five of the nine largest equity dark pools, FX electronic communication networks (ECN) and a range of alternative trading venues,” said Varghese Thomas, global head of financial services at Savvis
The Ethernet wave service complements Spread Networks’ flagship 13.33 millisecond roundtrip dark fiber network service, which connects America’s two largest financial centers.
“New Jersey is rapidly becoming a hub for many financial services companies who have traditionally conducted their business on Wall Street,” said David Barksdale, CEO of Spread Networks. “In order to meet this increased demand, we have made it our priority to provide the lowest latency connectivity from Chicago to multiple locations in New Jersey. The Weehawken extension provides an opportunity for us to demonstrate our dedication to providing a premium service to our current and future clients.”
Spread Networks, of Ridgeland, Miss., already has endpoints in Secaucus, NJ and Carteret, NJ.
