Spread Completes NY/NJ Ethernet Routes
Low-latency fiber provider Spread Networks will this week announce that it has completed the final stage of its connectivity plan to datacenters in the New York and New Jersey metro areas with the extension of its Ethernet wave service to Equinix’s datacenter at 165 Halsey Street in Newark, NJ.
Officials say the route provides roundtrip latency between the facility and the 350 East Cermak Road datacenter in Chicago of 15.5 milliseconds—with an SLA guarantee of 15.75 milliseconds—and will be ready for clients immediately, subject to lead time of around two weeks for ordering and setting up cross-connects between clients and Spread within the facility.
The move follows the recent expansion of Spread’s Ethernet wave service to Savvis’s datacenter at 300 Boulevard East in Weehawken, NJ (IMD, Feb. 28), in addition to its other end-point in Secaucus—all three of which are “spurs off the main line between Chicago and Carteret,” says Brennan Carley, senior vice president of product marketing at Spread.
“This pretty much wraps up the picture in terms of significant exchange hosting centers in New Jersey. 165 Halsey is a major carrier hotel and access point for major exchanges,” Carley says. “We have been asked to connect to other locations—such as 111 Eighth Avenue in Manhattan—but people with servers in those locations aren’t running ultra-low-latency strategies,” and hence aren’t the vendor’s main target audience, he adds.
No Need for New Fiber
Clients connecting to Spread at the 165 Halsey facility will have access to the vendor’s Ethernet wave connectivity but not its proprietary dark fiber, which Spread has only deployed for the long-haul route between Chicago and Carteret, and between its main datacenter in Carteret and Secaucus. “Between Carteret and those other locations, existing fiber was already as fast and as short as it could be, so there was no point for us to put new fiber in the ground,” Carley says.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
After acquisitions, Exegy looks to consolidated offering for further gains
With Vela Trading Systems and Enyx now settled under one roof, the vendor’s strategy is to be a provider across the full trade lifecycle and flex its muscles in the world of FPGAs.
Enough with the ‘Bloomberg Killers’ already
Waters Wrap: Anthony interviews LSEG’s Dean Berry about the Workspace platform, and provides his own thoughts on how that platform and the Terminal have been portrayed over the last few months.
BofA deploys equities tech stack for e-FX
The bank is trying to get ahead of the pack with its new algo and e-FX offerings.
Pre- and post-trade TCA—why does it matter?
How CP+ powers TCA to deliver real-time insights and improve trade performance in complex markets.
Driving effective transaction cost analysis
How institutional investors can optimize their execution strategies through TCA, and the key role accurate benchmarks play in driving more effective TCA.
As NYSE moves toward overnight trading, can one ATS keep its lead?
An innovative approach to market data has helped Blue Ocean ATS become a back-end success story. But now it must contend with industry giants angling to take a piece of its pie.
BlackRock, BNY see T+1 success in industry collaboration, old frameworks
Industry testing and lessons from the last settlement change from T+3 to T+2 were some of the components that made the May transition run smoothly.
Banks seemingly build more than buy, but why?
Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.