Posts Tagged ‘low latency provider’

CFN Services Launches Alpha Alliance™ Setting the Standard for Next-Generation Trading Infrastructure

Thursday, July 28th, 2011

Alpha Alliance™ Enables Trading Services Firms to Collaborate and Deliver Industry-Leading Solutions for the Global Financial Markets

Herndon, VA (PRWeb).  July 27, 2011 — CFN Services, Inc., the leading provider of managed high-frequency trading enablement services, today announced the Alpha Alliance™, an innovative network of trading services firms delivering fully integrated and customizable solutions for the global electronic trading market.  The Alpha Alliance brings together best-of-breed trading technologies, applications, and services across the full trading life cycle, from analysis and decision-making, to risk management, execution, and settlement of the trade.

Alliance partners deploy their solutions on CFN ’s Alpha Platform™, a low latency trading infrastructure offering the highest performance for market data delivery and trade execution worldwide.  Technology partners rapidly deploy their applications and services on a proximity hosted platform as part of a comprehensive solution, improving application delivery performance while lowering costs and expanding access to new markets.

Alpha Alliance partners collaborate to develop full service enhanced, customized solutions that best advance the unique trading strategies of their clients. With access to the technical capabilities and market-specific expertise within the Alpha Alliance network, clients and business partners interact in completely new ways.  Trading firms ultimately benefit from having access to the market-leading solutions necessary to remain competitive in today’s rapidly evolving financial markets.

“CFN is very excited to play a pivotal role in taking automated trading solutions to the next level,” said Mark Casey, President of CFN Services. “Bringing the best technology, product and service firms together on one platform enables next-generation trading solutions capable of fully leveraging the rapid growth in global electronic trading. Alpha Alliance members are setting the standard for high performance trading.”

To find out now how Alpha Alliance can bring your trading solutions to the next level

About CFN Services in the Global Financial Markets
CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency  Alpha Platform™, a high performance low latency global infrastructure that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets. CFN is the sponsor of the Alpha Alliance which is setting the standard for next generation infrastructure and providing leading edge trading solutions. For more information visit CFN Services website

About CFN Services

CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia. For more information: http://www.cfnservices.com

Press Contacts:

Judy Misbin-May, CFN Services

+1-703-788-6633

judy.misbin-may@cfnservices.com

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Exegy Deploys Ultra-low-latency Hosted Ticker Plant on CFN Services’ Alpha Platform™

Sunday, June 19th, 2011

Companies’ first deployment is designed to enable Canadian website tracking aggregated market-data messages across North American exchanges

Herndon, VA (PRWeb). — June 16, 2011 — CFN Services, the leading provider of managed high-frequency trading enablement services, today announced that Exegy, the market leader in high-performance ticker plants, has selected the Alpha Platform™ to deploy the ultra-low-latency, hardware-accelerated Exegy Ticker Plant.

With unmatched throughput and ultra-low latency, the Exegy Ticker Plant processes and enriches data for the world’s leading collocated trading operations. A single Exegy Ticker Plant provides all the updates for www.MarketDataPeaks.com, the first public website that provides a minute-by-minute account of the aggregated volume of market-data messages across major North American exchanges.

“The Alpha Platform™ provides an ideal infrastructure for the Exegy Ticker Plant offering,” said Jeff Wells, Vice President of Product Marketing, Exegy. “Our first deployment with CFN Services will be at the Toronto data center where we plan to create a MarketDataPeaks website for Canada.”

The infrastructure that forms the foundation of the Alpha Platform™ provides ultra-low-latency market data delivery and trade execution for some of the world’s most sophisticated high-frequency trading firms. Trading application vendors can now leverage this same infrastructure to jumpstart low-latency global delivery of their solutions, while trading firms can rapidly deploy these applications in a high performance environment to capture more Alpha and increased trading profits.

“CFN Services has launched a premier platform for seamless integration of low-latency market and event data with high-performance trading applications,” said Sebastian Yoon, CFN Services’ Vice President of Financial Services.  “We’re excited about bringing Exegy’s ticker plant technology to the Alpha Platform™, further expanding the market leading solutions it integrates across key liquidity venues worldwide.”

About Exegy Exegy provides ultra-high performance hardware-accelerated market data appliances (www.exegy.com/tickerplant) that efficiently process and enrich market data for the world’s leading financial organizations. Exegy’s unique market data products respond to financial organizations’ growing demands for low latency, reduced cost of ownership, and flexibility. Exegy’s products are compatible with leading operating systems and interconnects. For more information, please visit www.exegy.com.

About CFN Services in the Global Financial Markets  CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency Alpha Platform™, a high performance global cloud that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets.

About CFN Services CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia.

Press Contacts:

CFN Services

Judy Misbin-May

+1-703-788-6633

judy.misbin-may@cfnservices.com

Exegy

Jeff Wells

+1-314-218-3626

jwells@exegy.com

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ADVA OPTICAL NETWORKING’S FSP 3000 SELECTED FOR CFN SERVICE’S ULTRA-LOW-LATENCY NEW YORK-WASHINGTON TRADING ROUTE

Tuesday, April 19th, 2011

Norcross, Georgia, USA and Martinsried/Munich, Germany. April 19, 2011. ADVA Optical Networking today announced that its solution has been selected by CFN Services to provide the industry-leading latency from Washington, D.C., to the New York/New Jersey trading venues. The availability of this route provides trading firms a competitive advantage for those who utilize data sourced from Washington, D.C. Leveraging ADVA Optical Networking’s FSP 3000, the industry’s lowest-latency transmission solution, the CFN optical-fiber network will provide the N.Y./N.J. financial community the fastest available access—3.7 milliseconds RTD—to the Washington, D.C., information sources.

ADVA Optical Networking will be available to discuss the FSP 3000 and CFN’s New York-Washington, D.C., route on April 19, 2011, and April 28, 2011, at the A-Team Group conference, “The Business and Technology of Low-Latency Trading,” being held in London and New York City, respectively.

“CFN is committed to maintain an evergreen network that can quickly and seamlessly react to market demands and changes. This latency improvement for D.C.-N.Y./N.J. provides another proof-point to this commitment,” said Wil Tirado, vice president engineering and operations with CFN. “The ADVA FSP 3000 has firmly proven itself as the industry’s best-performing solution for low-latency financial trading, which supports CFN’s commitment to offer best-in-class solutions. ADVA Optical Networking’s technology roadmap and team of more than 500 engineers best position our customers to stay on top of the innovative features and functions that are required in this space today and in the future.”

“The differences in optical-networking routes and gear have grown more distinct and important as the tolerance to latency in executing trades has minimized,” said Brian Quigley, senior director of global strategy with ADVA Optical Networking. “We have a long history of partnering closely with financial firms around the globe to help them satisfy evolving requirements and to achieve business objectives, and these lessons-learned continue to inform the ongoing development of our FSP 3000 solution. We look forward to working with CFN and the users of this innovative New York-Washington, D.C., network.”

ADVA Optical Networking has served the financial community for more than 15 years, and the ADVA FSP 3000 platform has been successfully deployed by thousands of enterprise customers globally. For more information about the ADVA FSP 3000, please click here. To learn more about ADVA Optical Networking’s low-latency solutions, click here.

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ABOUT ADVA OPTICAL NETWORKING

ADVA Optical Networking (FSE: ADV) is a global provider of intelligent telecommunications infrastructure solutions. With software-automated Optical+Ethernet transmission technology, the Company builds the foundation for high-speed, next-generation networks. The Company’s FSP product family adds scalability and intelligence to customers’ networks while removing complexity and cost. With a flexible and fast-moving organization, ADVA Optical Networking forges close partnerships with its customers to meet the growing demand for data, storage, voice and video services. Thanks to reliable performance for more than 15 years, the Company has become a trusted partner for more than 250 carriers and 10,000 enterprises across the globe. For more information, please visit us at www.advaoptical.com.

ABOUT CFN SERVICES

CFN Services is a provider of custom, high performance network and application solutions to sophisticated global financial markets participants and network operators worldwide, as well as delivering the on the promise of 3G and 4G networks for mobile operators. Leveraging its proprietary global transport planning platform FiberSource, CFN enables carrier, enterprise, and government network operators to optimize across the key network variables of latency, diversity, bandwidth, and cost. For more information, visit www.cfnservices.com.

PUBLISHED BY:

ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany

ADVA Optical Networking North America, Inc., Norcross, Georgia, USA

ADVA Optical Networking (Shenzhen) Ltd., Shenzhen, China

www.advaoptical.com

CONTACTS:

FOR PRESS

Christine Keck

ADVA Optical Networking

t +1 301 920 0237 (U.S.)

t +44 1904 699 358 (Europe)

t +86 755 8621 7400 (Asia)

public-relations(at)advaoptical.com

Judy Misbin-May

CFN Services

t +1 703 788 6633

judy.misbin.may(at)cfnservices.com

FOR INVESTORS

Wolfgang Guessgen

ADVA Optical Networking

t +1 201 940 7212 (U.S.)

t +49 89 89 0665 940 (Europe)

t +86 755 8621 7400 (Asia)

investor-relations(at)advaoptical.com

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ADVA OPTICAL NETWORKING’S FSP 3000 SELECTED FOR CFN SERVICE’S ULTRA-LOW-LATENCY NEW YORK-WASHINGTON TRADING ROUTE

Tuesday, April 19th, 2011

Norcross, Georgia, USA and Martinsried/Munich, Germany. April 19, 2011. ADVA Optical Networking today announced that its solution has been selected by CFN Services to provide the industry-leading latency from Washington, D.C., to the New York/New Jersey trading venues. The availability of this route provides trading firms a competitive advantage for those who utilize data sourced from Washington, D.C. Leveraging ADVA Optical Networking’s FSP 3000, the industry’s lowest-latency transmission solution, the CFN optical-fiber network will provide the N.Y./N.J. financial community the fastest available access—3.7 milliseconds RTD—to the Washington, D.C., information sources. Read More

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CFN Services Joins Telx Financial Business Exchange

Thursday, April 14th, 2011

NEW YORK, NY–(Marketwire – April 14, 2011) - Telx®, a leading interconnection and colocationprovider instrategic North American markets, today announced that CFN Services, a leading provider of managed highfrequency trading (HFT) enablement services, has joined its Financial Business Exchange (FBX), a facility-based infrastructure platform that provides the capital markets community with unmatched proximity, latency and choice. As part of the FBX community in Telx’s world-classdata centers in Chicago and New York City, CFN Services canexpand the geographic reach of its global services by offering financial markets customers secure, low latency access to its Global Managed Financial Exchange Platform.

“CFN is pleased to be part of the Telx Financial Business Exchange, as it complements our Global Managed Financial Exchange Platform,” said Sebastian Yoon, Vice President of Financial Services Solutions for CFN Services. “CFN Services’ Financial Ecosystem seamlessly provides best in class, integrated, single source infrastructure solutions customized for each of our client’s needs, an approach that Telx shares. Partnering with a provider such as Telx FBX augments our ability to offer unique service level agreements, as well as optimized delivery and cost efficiencies for market data and low latency trading infrastructure.

CFN Services’ Global Managed Financial Exchange Platform is comprised of over 100 data centers connecting to thousands of market participants, including clients, brokers, exchanges, clearing houses, CSDs and market data providers in global futures, options, equities and FX exchanges. This platform allows trading firms to receive single vendor support of geographical and asset class diversity trading strategies. CFN Financial Exchange Platform is a vendor neutral infrastructure providing managed solutions for managed hosting, connectivity, hardware, network device monitoring, management and reporting, ensuring that each CFN client has the ability to receive the best solution to meet individual trading strategy; no two firms have the same exact needs.

“By participating in the Telx FBX, CFN Services has the competitive edge to offer key market participants direct access to its Global Managed Financial Exchange Platform through low latency network connectivity in a secure, strategic location,” said Michael Cattell, Vice President of Financial Markets for Telx. “Telx continues to add high value members to our FBX community, who leverage the many benefits of the direct connections available in our recently expanded New York and Chicago facilities.”

About Telx Financial Business Exchange (FBX)Telx Financial Business Exchange (FBX) is a high value community of financial exchanges, market data providers, order management vendors, independent software vendors, buy-side and sell side firms — all colocated in secure, Telx-managed data centers and interconnection facilities. FBX offers ultra low-latency connectivity, proximity hosting and direct market access to a growing list of the most important financial exchanges. Telx’s financial markets colocation facilities, strategically located at 111 8th Avenue in New York City, 100 Delawanna Avenue in Clifton, N.J., 350 East Cermak Road in downtown Chicago, and 300 Blvd East in Weehawken, NJ, provide customers an ideal environment to grow and manage their businesses by placing their networks in proximity to their key suppliers, partners, and customers, along with hundreds of leading telecom and data service providers. For more on the advantages of the Telx FBX, download this free financial markets case study.

About CFN Services
CFN Specializes in delivery of high performance networks, specifically for low latency global financial exchange connectivity, as well as delivering on the promise of 4G networks for mobile operators, by leveraging the first massively optimized, distributed virtual global data center infrastructure, developed by CFN. This infrastructure platform was designed to avoid undue latency and optimize efficiency and reliability; constructed using knowledge from CFN FiberSource®, a proprietary transport database planning platform. CFN enables carrier, enterprise, and government network operators to optimize their IT Infrastructure across the key network variables of latency, diversity, bandwidth, and cost. For more information: http://www.cfnservices.com.

About Telx
Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets. With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry’s highest performance networks and access to more than 880+ customers, including leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, and Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.

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Event News Trading – Improve your Results NOW

Monday, April 11th, 2011



Event trading involves trading focused on major events that can move a market, a market segment, or a particular stock and tend to focus on daily trading profits. For example, inflation data, Fed reports, weekly oil inventory data, interest rate hikes or cuts, earnings reports, Presidential or Congressional elections, or world events. The events are likely to move the market and provide abnormal returns.

Volatility is key in event trading because the event may cause market or stock movements greater than anticipated by financial models. Volatility is a key component of option trading and the market frequently ignores specific events. The increase in the option value for a put or a call that a major event should warrant is not always accounted for in the price.

Speed is the name of the game in Event Trading. Due to the nature of Event Trading and the quick turn around from announcement to execution latency is a key variable that will predict trading profit success. With critical, market-moving data being released directly from the U.S. Departments of Labor, Commerce and Treasury, those companies receiving the data first and having the infrastructure in place to react quickly, will see increased execution success.

As a component of the CFN premier delivery platform for market data and trading applications in top liquidity venues around the world, CFN is offering the lowest latency connectivity to trading firms and market data providers who are obtaining their updates directly from U.S. Departments of Labor, Commerce and Treasury.

Get Service Levels Agreements for: Price, Latency and Resilience, from the only provider to offer all of the above: CFN Services. CFN is committed to being the Leading Provider of delivery of Economic & Government News Data.

For more information go to www.cfnservices.com — lowlatency@cfnservices.com — +1-703-788-6633

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The Mankoff 2nd Annual Ultra Low Latency Panel Event: Trading Opportunities in FX and Other Asset Classes: High Frequency Trading, Algorithms & Best Execution

Wednesday, March 16th, 2011

CFN Services is a proud sponsor and participant of the  The Mankoff 2nd Annual Ultra Low Latency Panel Event: Trading Opportunities in FX and Other Asset Classes: High Frequency Trading, Algorithms & Best Execution.

We are pleased to announce that Sebastian Yoon, VP CFN Services Financial Services Practice, will be showcased on the panel discussion entitled: Build, Buy and Beyond: Selecting and Implementing the Best Tools to Achieve a Successful Multi-Asset Strategy in Trading

When: March 23, 2011 – 5:45pm – 9:00pm

Where: Grange Holborn Hotel
50:60 Southampton Row
London WC1B 4AR
T: 020 7242 1800

Overview:

Exchange consolidation. Co-location issues. Rate of connectivity and the search for ever lower latency. This environment the trader finds himself in, with the need for speed driving the latest innovations, and the government engaged in push-back, is challenging and one ripe for discussion. The application of algorithms in the high frequency space has been addressed in the equity market but what’s the next area of growth? What developments are occurring in FX, Options, Futures, Commodities and the other asset classes?

Agenda:

5:45 pm Registration

6:15 pm Panel I: Winning the Speed Game While Remaining Compliant: Regulations, Changes in the Markets and its Impact on Trading Across Asset Classes

7:00 pm Panel II: Build, Buy and Beyond: Selecting and Implementing the Best Tools to Achieve a Successful Multi Asset Strategy in Trading

Click here to Register Now

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CFN Services teams with Essex Radez on North American exchange data

Tuesday, December 7th, 2010

CFN Services, a managed infrastructure services company providing ultra-low latency networking, network design, and managed services, has announced that it has selected Essex Radez as its North American market data partner.

As vendor-of-record for delivery of all North American exchange feeds through its Velocitick subsidiary, Essex Radez offers clients the ability to co-locate any number of servers at any of its five data centers: Equinix Secaucus, Savvis Weehawken, NASDAQ Carteret, Equinix Chicago, and CBOE Chicago. Additionally, through its private network, the firm provides execution connectivity to all major trading venues.  Read More

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Launching a High Frequency Trading Firm

Tuesday, November 9th, 2010

High frequency trading, at its core is a technical undertaking. Each firm entering this space must confront a series of tough questions. CFN Services, offers an Ultra-Low Latency Global Exchange Platform that allows you to utilize the services that you need to outsource, while still maintaining control of your full network and ecosystem infrastructure. For proximity hosting, connectivity, hardware, front-line trading software, post-trade processes and research tools, CFN can offer you as little or as much support and services as you require. Click here for a Technical Infrastructure Outline of the pieces to consider when setting up your high frequency trading platform. If you would like more information on how CFN Services can support your needs contact us today

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CFN Services Utilizes Equinix to Meet Increased Demand for Optimized Network Performance

Monday, June 21st, 2010

CFN Services Utilizes Equinix to Meet Increased Demand for Optimized Network Performance
Equinix providing colocation in United States, Canada  and Europe to optimize network performance for CFN Services customers

FOSTER CITY, CA and London, United Kingdom — June 22, 2010 — Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that CFN Services, a managed telecom infrastructure services company, is now connected to Equinix’s International Business Exchange™ (IBX®) data centers in Chicago, Frankfurt, London, New Jersey, New York, Philadelphia, Seattle and Toronto as part of the CFN Services global low latency network. By leveraging Equinix’s global data center footprint and services, CFN Services is able to offer its customers ultra low latency, diverse routes for protected services, and optimized network routes in relation to all of the major global financial exchanges. Download Full Release

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