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.

At CFN Services, we were looking to expand the reach and services offered on our High Performance Low Latency Global Exchange Infrastructure. We were looking for a data center that would allow us to help market data providers deliver low latency news feeds to their financial services clients.

A component of the CFN High Performance Global Exchange is the ability for market data providers to have a single source solution for low latency global delivery of their news feeds.  Specifically, this data center selection process was the expansion of the CFN High Performance Low Latency Global Exchange Infrastructure initiative.  Read full story

Fiber‐optic communication is defined as the method of transmitting information from one place to another by sending pulses of light through an optical fiber. The definition of zero network latency is a network transporting their information at the speed of light. This being said, the further the light has to travel, the higher the latency. Fiber networks normally do not follow a direct line between any who two locations. Instead they follow geographic contours that relate to roads or railroad tracks to name a few.  It is important to understand the exact route that your circuit will follow so that you can eliminate any wasted distance.

In the environment, there are two main options for how you can extend the transmission of light through the fiber; optical amplifiers and regenerators.   Amplifiers and Regenerators are placed along the fiber optic route to help ensure that the signal is able to travel the full distance, while keeping its’ strength and information. There is only one main difference between the two and that is that an amplifier adds light to the existing wavelength to help increase the strength of the signal without having to add more latency, whereas a regenerator will add a substantial amount of latency to add to the strength of the wavelength. Both of these require both a lit and dark fiber solution. A dark fiber is a term that is used to describe fiber optic strands that are not being used or has no equipment being used on the ends of the fiber. Its contrast is called a ‘lit’ fiber, meaning that it is an active fiber optic cable. Unfortunately, due to so few telecom companies still offering dark fiber, the available dark fiber route may be much longer then an alternative lit circuit oath from another provider.

If you want to read more on this topic, take a look at our case study.

Tampa, FL December 2, 2009: Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, announced today that CFN Services, a leading ultra low latency network and custom fiber optic network integrator in the financial industry, has joined Switch and Data’s GeoReach partnership program. CFN will provide clients with turnkey or custom-designed, low latency interconnections to multiple regional exchanges from Switch and Data’s New York and Toronto Financial EcoCentersSM. CFN FiberSource® Advisor provides professional services to assist financial firms in their regional or global network design, planning, and strategy to enhance their individual electronic trading strategies. More