AlgoSpan Improves Speed on Two European Routes
Connectivity provider AlgoSpan announced it has cut the latency between its London hub and its facilities in Frankfurt and Stockholm over its AlgoNet platform in a bid to improve market data processing and increase bandwidth to European market centers.
AlgoSpan officials say one-way latency from its network hub at Interxion LON1 in London to the Equinix FR2 International Business Exchange (IBX) datacenter in Frankfurt is now 4.324 milliseconds. The trip from London to Nasdaq OMX's datacenter in Stockholm takes 11.045 milliseconds.
These improvements help AlgoSpan meet the demands of customers needing to access venues such as Nasdaq OMX, Xetra and Eurex, in addition to other AlgoNet markets across Europe. The vendor’s connectivity services deliver pre-installed capacity on a platform dedicated exclusively to the needs of the financial community.
"We are committed to delivering low-latency solutions to our customers, and responding to ever-increasing connectivity demands remains a key part of our ‘shortest path' strategy," says Robert Bicket, CEO of AlgoSpan. "We are always seeking to invest in new routes and upgrade our infrastructure to provide our customers with a competitive speed advantage that enables them to improve business performance."
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