Regional and metro fiber challenger Zayo Group (news, filings) has thrown its hat into the low-latency ring. Today they announced the deployment of a new low latency route between the Chicago and New York metro areas. The lure of top dollar bandwidth purchases by the financial community for ultra-low-latency connections is drawing in every fiber operator who can muster the necessary assets, and who can blame them? Zayo did not mention the actual latency levels available on the new route, if anyone out there has heard a number I’d be curious to hear it.
Zayo’s route likely combines several fiber assets from its various acquisitions to make this route possible – PPL Telcom gives them plenty of choices across PA, the Citynet Wholesale acquisition brought fiber to the west of that, and Fibernet Telecom Group had bandwidth all over the NY metro area as well for that critical last mile to many data centers in the NY area. A fair amount of those routes are unique, which offers customers extra diversity to to this increasingly critical route.
Are there any other terrestrial routes out there that will soon draw this sort of attention from the financial community?
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Categories: Fiber optic cable · Low Latency · Metro fiber
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Can someone educate me on why the financial community requires such a low latency route? Is it program trading? What is the advantage of this product? Just trying to learn something new. Thanks.
What I know vs. what I think, can’t wait for someone to answer this question. In the meanwhile….
http://www.nytimes.com/2009/07/24/business/24trading.html?fta=y
http://www.nytimes.com/2009/07/29/opinion/29wilmott.html?_r=1
http://en.wikipedia.org/wiki/Algorithmic_Trading
http://en.wikipedia.org/wiki/Low_latency_(capital_markets)
There is a huge Zayo add running right next to the Zayo post. The low latency market will be done by the time Zayo is ready.
Agree