Anova Technologies connects world’s two largest equity exchanges with lowest latency route available today

Latency will be reduced by 25% on its newest custom path between 300 Blvd E and 111 8th Ave

(PR NewsChannel) / August 16, 2011 / CHICAGO 

Anova Technologies, a specialized custom fiber and low latency network provider, will turn up the industry’s fastest fiber span between 300 Blvd E and 111 8th at the end of the month. This mission critical corridor, with SLAs tightly tied to leading-edge latencies, will be 25% faster than all current and existing routes; a reduction verifiable via Anova’s advanced OTDR and RFC 2544 testing.

“We’ve exclusively secured the shortest physical distance between these two POPs,” stated Michael Persico, CEO and founder of Anova Technologies. “This is just another example of the specialized and intimate knowledge that drives our team to dig deeper and evolve our routes for optimized distance. Our exclusive focus on this area is why we consistently deliver competitive advantages to our clients in their pursuit of zero latency.”

The New Jersey metro area, with its multitude of equities, futures, FX and cash exchanges, is a veritable hotbed of algorithmic activity. Given the disparate location of each respective electronic matching engine, securing the fastest exchange-to-exchange connectivity becomes a tactic of paramount importance in the low latency arms race. Today’s advanced execution systems are literally calibrated to take advantage of nanoseconds, something Anova excels at providing.

Kieran Athy, the new CTO of Anova Technologies continued, “Zero latency is what fuels our engineering mandate to constantly innovate and advance technology… basically score wins with faster and faster trading routes. This is one of the things that made joining a focused firm like Anova so exciting. By the time the large telecomm providers can even initiate our level of engineering implementation, we’ve improved the technology so much that its original incarnation is nearly obsolete.”

This path between two of the world’s largest financial liquidity centers is scheduled to go live September 8, 2011.

About Anova Technologies: Anova Technologies is exclusively concentrated on HFT and algorithmic trading clients. Our goal is to symbiotically implement the most up-to-date and best-in-class trading connectivity solutions with unrivaled speed and agility. With the fastest routes connecting the major exchanges throughout the US, Canada, Europe, and now, South America, Anova Technologies consistently delivers the ultimate trifecta to its clients: speed, accessibility and easy deployment.

MEDIA CONTACT
Denise Heitz
Marketing Consultant
(312) 540-9594 xt 103
denise@anova-tech.com

Direct link:  http://www.prnewschannel.com/2011/08/16/anova-technologies-connects-world%e2%80%99s-two-largest-equity-exchanges-with-lowest-latency-route-available-today/

SOURCE:  Anova Technologies



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