Low Latency News

San Mateo, CA, June 28, 2010 – CFN Services, a world-class low latency managed network infrastructure provider, has been named a winner of the Red Herring 100 North America awards for 2010. The award, whose past winners include Google, Yahoo!, Facebook, Twitter and Salesforce.com, is given to companies demonstrating the ability to disrupt an industry or create an entirely new industry via an innovative business model. The Red Herring 100 North America has become a mark of distinction for identifying promising new and emerging companies. redherring_2010_release

Light Reading is proud to present “Meeting the Backhaul Challenge”

By the year 2012, 65% of all phones will be Smartphones, which creates a huge burden on the already saturated networks of the wireless providers. Backhaul becomes the bottleneck and consumers have little patience for poor service, ensure you manage your backhaul correctly to allow you to maintain customers and grow the base exponentially. CFN Services, RazorSight and Cisco have combined their expertise to provide you this webinar to help you navigate the backhaul challenges

Our speakers:

Patrick Donegan, Light Reading:

Donegan has more than 15 years of experience as a telecom market journalist, analyst, and strategist. His in-depth knowledge of wireless technology issues is critical to Heavy Reading’s expanding coverage in this area. Donegan authors Heavy Reading’s “Ethernet Backhaul Quarterly Market Tracker”. Donegan joined Heavy Reading after five years at Nortel Networks, where he was a senior manager of strategic planning for the company’s wireless business.

Robert Synnestvedt, Cisco Systems:

Synnestvedt is Cisco’s global marketing lead for Mobile Internet Transformation of RAN Backhaul. Since joining Cisco in 1998, Robert has successfully lead engineering, management, and marketing of the IP NGN evolution of broadband and mobile networks around the world

Mark Casey, CFN Services:

Casey is the President of CFN Services. Mark brings a successful track record of over 20 years in the communications industry. Since 2001 Mark has led CFN Services in helping wireless operators reduce transport costs while multiplying capacity to support broadband wireless data deployments. His current focus is specific to wireless backhaul and supporting 3G and 4G operators with the design and deployment of fiber and hybrid fiber-microwave backhaul networks that multiply capacity 10 fold while reducing lifecycle backhaul transport costs.

Charlie Thomas, RazorSight

Thomas joined Razorsight’s board in April 2004, and became CEO in February 2005. Charlie has led Razorsight to strong growth resulting in a #8 ranking on Deloitte’s Virginia Fast 50 and a #114 ranking on Deloitte’s National Fast 500 list. Charlie has co-founded, grown and sold 3 companies over the last decade, and he has negotiated over $1 Billion in capital financings for his companies. He has successfully closed over 15 M&A transactions.

CFN Services Expands Low Latency Connectivity and Proximity Collocation in New York, New Jersey and Chicago

Ultra-Low Latency Connectivity and Proximity Collocation offering for local and international financial institutions and vendors looking to participate in the United States equities, futures and options marketplaces

CFN Services has announced their continued commitment to provide lowest latency connections to all Global Exchanges, expanding and improving latencies to 6 new locations in between New York, New Jersey and Chicago. CFN Low Latency Global Exchange Infrastructure currently supports over 25 data centers spread out across 7 countries.

The newest locations announced are:

NJ/NY Metro

• 5851 Westside Ave., North Bergen, NJ
• 755 Secaucus Rd., Secaucus, NJ
• 120 W. Passaic, Rochelle Park, NJ

Chicago Metro

• 400 S. LaSalle, Chicago, IL
• 440 S. LaSalle, Chicago, IL
• 10 S. Canal St. Chicago, IL

CFN Services Low Latency Global Exchange Infrastructure is designed to facilitate trading and information exchange in global capital markets where trade execution speed is critical. The solution offers financial services firms such as brokers, hedge funds, exchanges, asset managers, and pre and post-trade services providers a fully managed, highly available optimized infrastructure, providing easy scalability and growth as trading firms enter new geographies and asset classes.

What is Dim Fiber?
Optical fiber only partially lit in a fiber optic transmission system (FOTS) employing wavelength division multiplexing (WDM).WDM technology can support a considerable number of wavelengths running simultaneously over a single optical fiber within a cable comprising perhaps a great number of fibers. A dim fiber is one over which not all available wavelengths have been lit and which, therefore, has excess capacity.

Why Dim Fiber?

A dim Fiber customer gets assigned a wavelength in a fiber span that provides flexibility and performance similar to dark fiber with the following benefits:

• Use of fiber span not limited to a specific bandwidth, just a specific wavelength, thus the customer has more control.
• Reduced equipment on the circuit reducing potential outages.
• Reduced equipment on the circuit reducing processing latency.
• Dark Fiber performance at a lower cost.
• Dark Fiber performance with a variety of contract terms closer to customer experience with lit services.

Why CFN Services Dim Fiber Solutions?

• With CFN Services as your partner on your dim fiber plans – CFN will manage and monitor the health of the fiber span via other circuits running on the same fiber span.

• CFN takes away the hassle and worry of managing an Outside Plant Network such as relocations, construction, outages, etc. by managing the full solution so as a customer you get only the benefit of dim without the down side.

• For longer spans, CFN can provide mid-span regeneration reducing equipment, new collocations and operational cost and complexity for the customer.

Contact CFN Services to see if Dim Fiber is the solution for you: Contact CFN Now

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By now there’s no doubt about it: mobile operators need to get their backhaul networks in condition to meet the burgeoning market for anytime, anywhere data access. Backhaul, once considered the humdrum side of an operator’s network, has become the topic du jour now that the mobile phone customershave shifted to smartphones and are taking advantage of data-hungry services in a big way. Earlier this month, AT&T reported that its wireless data traffic has grown more than 5,000 percent over the past three years, largely due to smartphones, which are used by about 40 percent of its post-paid customer base. All operators have to contend with this growth, and quickly: smartphones should represent the vast majority (65%) of phones sold in the country by 2012, according to Creative Strategies, an analyst firm. Operators are taking steps to prepare their networks to meet the expected demand, and the process of identifying specific backhaul needs and configuring the best solutions will force companies to bring the backhaul problem to the forefront of their infrastructure and business planning. This is a closer look at the available options and considerations operators must keep in mind as they prepare to build out this part of their networks.

Marcy Gordon ASSOCIATED PRESS

Federal regulators on Wednesday imposed new curbs on the practice of short-selling, hoping to prevent spiraling sales sprees in a stock that can stoke market turmoil.

The Securities and Exchange Commission, divided along party lines, voted 3-2 at a public meeting to adopt new rules.

The rules put in a so-called “circuit breaker” for stock prices, restricting for the rest of a trading session and the next one any short-selling of a stock that has dropped 10 percent or more.

Short-sellers bet against a stock, in a practice that is legal and widely used on Wall Street. They borrow a company’s shares, sell them and then buy them when the stock falls and return them to the lender — pocketing the difference in price.

The SEC move followed months of wrestling with the controversial issue. The SEC asked for public comment last April on several alternative approaches to restraining short-selling, and a bipartisan group of senators have been pushing the agency to act or face legislation.

The agency got more than 4,300 comments on the issue.

Investor confidence was shaken as the market plunged amid the financial crisis in the fall of 2008, and proponents of restoring restraints said they were needed to prevent abusive trading. They maintained that the absence of restraints fanned market volatility, prompting hedge funds and other aggressive investors to target weak companies with an avalanche of short-selling.

But opponents said new restrictions could eliminate the benefits of short-selling — bringing capital into the markets and accurate stock prices to the surface — and actually hurt investor confidence.

Under the new rule, once a circuit breaker has been triggered, short-selling in the affected stock will be permitted only if the price is above the current highest bid for the stock. That restriction would apply for the rest of the trading session and the next day’s session.

The SEC said the rule strikes a balance between two objectives: preventing short-sellers from driving the price of a gutted stock even lower and preserving the benefits to investors from legitimate short-selling, such as pumping cash into the market. The balance comes, the agency said, because the circuit-breaker restrictions are temporary and are applied to a specific trading session, in contrast to other alternatives that would institute permanent constraints.

“The reason this rule makes sense is because it recognizes that short-selling can potentially have both a beneficial and a harmful impact on the market, depending on the circumstances,” SEC Chairman Mary Schapiro said before the vote.

MS. Schapiro said it is important for the SEC and the markets “to have in place a measure that creates certainty about how trading restrictions will operate during periods of stress and volatility.”

But the two Republican commissioners, Kathleen Casey and Troy Paredes, disputed that the curbs would bolster investor confidence and said they could hurt the market’s efficiency.

MS. Casey said she was “deeply concerned” that the action seemed to be guided more by “public relations” than evidence of the benefit of the rules. It could “undermine our credibility in the long run,” she said.

In July 2007, when the stock market was near its peak, the SEC abolished a 70-year-old uptick rule, put in during the Depression that followed the 1929 market crash that allowed short-sellers to come in only at a price above the highest current bid for the stock.

Last July, the SEC made permanent an emergency rule enacted at the height of the fall 2008 tumult that targets so-called “naked” short-selling — when sellers don’t even borrow the shares before selling them, and look to cover positions after the sale.

That rule includes a requirement that brokers must promptly buy or borrow securities to deliver on a short sale.

Brokers acting for short-sellers must find a party believed to be able to deliver the shares within three days after the short-sale trade. If the shares aren’t delivered within that time, there is deemed to be a “failure to deliver.” Brokers can be subject to penalties if the failure to deliver isn’t resolved by the start of trading on the following day.

February 23, 2010; Herndon, VA (PRWeb) CFN Services, the Low Latency and Infrastructure Optimization Leader, is pleased to announce the completion of extreme low latency metro networking solutions optimized specifically for high frequency trading throughout the New York/New Jersey, Toronto and London financial markets.   In light of market fragmentation and the introduction of new ATS and dark pool options; CFN expands their suite of long-haul optimized solutions for global electronic trading firms by delivering the same advantages of integrated optical connectivity throughout full metropolitan areas. The flexibility inherent in CFN’s managed network enables firms to adapt quickly to changes as execution venues and matching engines move and the landscape continues to evolve.   Firms can now choose either to proximity host at a new venue collocation facility, or central proximity host and take advantage of the robust metro connectivity solutions offered by CFN to maintain the lowest latency without incurring major network conversions involved in data center moves. Read More

It’s too soon to say how well the first broadband stimulus fund awards will represent the awards that follow (they represent less than 10% of the first-round funds, and the rules may change for the second round), but given how publicly the White House touted these first picks, it would seem they’re intended to be exemplary, to some degree, of what the administration wants in an applicant.

Click here for the top 5 stimulus winner observations