Low Latency NewsOptimizing the Power of Your Network
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CFN Services discusses the electronic trading space in reference to low latency networking. CFN Services is the leader in the low latency network space. CFN Services has changed the low latency market by introducing: Performance Level SLA, Latency Improvement Plans, Custom Fiber Network Solutions and FiberSource Advisor Professional Services. http://www.tmcnet.com/tmc/videos/default.aspx?vid=1243
CFN Services has launched a low latency network service from Chicago to New York. The new service offers customers secure low latency connectivity between data centres at 350 East Cermak Road in Chicago and 60 Hudson Street, NYC; 275 Hartz Way, Secaucus, NJ; and 300 Boulevard East, Weehawken, NJ; establishing direct connections to increasingly fragmented sources of liquidity and market data.
“Latency in the network is becoming a key variable for traders to differentiate themselves. Securing an Ultra Low Latency connection between Chicago and New York is providing many traders an opportunity to lower their existing latency on this route” states Wil Tirado, VP Engineering at CFN Services. “Working with an integrator such as CFN Services, trading firms have the option to customize their network design to provide competitive advantages. CFN Services also provides our clients with the option of an individualised lower latency migration plan ensuring they are continually decreasing their latency. No Service Provider offers such a guarantee.”
CFN Services has built a low latency fibre network by identifying and utilising optimal spans from all available carriers. With its FiberSource design platform, it is able to access over 500 carrier networks globally.
Herndon, VA June 1, 2009 (PRWeb) CFN Services, the leader in Low Latency Network Solutions, is now expanding their offerings into Toronto. CFN is offering the lowest latency connections for global markets to key Toronto exchanges: Alpha Trading, Pure Trading, Omega ATS, MATCH Now, TMX Group, and Chi-X Canada. Now traders globally can receive a trading advantage in Toronto by partnering with CFN Services.
CFN is a leading ultra low latency and custom fiber optic network integrator in the financial industry; offering specific Ultra Low Latency solutions for the trading areas in Toronto, Chicago, New York/ New Jersey Metro, Washington DC, London, and Frankfurt. CFN is recognized as the only network provider to offer a Latency Level SLA along with a Latency Improvement Plan. CFN Services sets themselves apart from other transport vendors by offering carrier neutrality, professional services, fully managed services and the ability to design and implement custom fiber networks.
“We are seeing a transformation in trading on Canadian markets as ATS’s like Alpha, Pure, Chi-X, Omega, and dark pools are challenging TMX Group’s historical dominance. This transformation is providing fertile ground for global high frequency traders; particularly those throughout North America. We are meeting the needs of these traders by providing our customers the best networking solutions to accelerate trading,” states David Conrad, Vice President of Sales. “We prioritize the routes and trading areas that are key to our customer’s success, and Toronto is now one of the areas that we will offer guaranteed low latency optimized network solutions.”
CFN Services’ FiberSource® Telecom Platform provide them the ability to view all available fiber, including that of Utilities, Carriers, Dark Fiber and Collocation Providers; in order to put together the optimal network routes or provide custom network solutions specific to a customer’s exact requirements and priorities. The key to the integrated solution provided by CFN Services is the ability to identify metro fiber, long haul and the collocation space to piece together the carrier networks onto one optimal path. This translates into a networking performance advantage for an electronic trading firm. This allows CFN Services to be Carrier and Data Center agnostic, ensuring to provide the best solution based on latency, performance and stability not on relationships.
Trading Firms now have the ability to reduce Fiber Optic mileage, decrease latency and have confidence that your network decisions were made with the knowledge of all existing options.
About CFN Services
CFN Services is a managed telecom infrastructure services company providing network services for the Enterprise, Public Sector and Carrier Markets. Specializing in network planning, deployment, and managed services, including local access transport, low latency networking, and mobile backhaul optimization, CFN Services leverages the company’s flagship FiberSource® network planning and optimization platform. CFN Services has provided network planning and deployment services to some of the leading wireless and wireline network operators including Verizon, AT&T, Level 3 and Sprint. For more information please see http://www.cfnservices.com.
Offer Telx customers In New York and Chicago a complete, low-latency financial networking solution
Key Highlights:
NEW YORK and CHICAGO (May 27, 2009) – Telx, one of the largest and fastest growing domestic interconnection and colocation data center operators, announced today that custom network provider CFN Services has added network nodes for its ultra low latency financial network in Telx facilities at 60 Hudson Street and 111 8th Avenue in New York City as well as in 600 South Federal Street in Chicago. These new nodes allow Telx Financial Exchange customers colocated in New York, New Jersey, and Chicago – including Telx customers colocated in the company’s facility at 350 East Cermak Street – access to CFN’s ultra low latency network, which guarantees speeds of 16.6 milliseconds or better.
The addition of CFN into Telx facilities helps Telx customers gain an optimized network configuration to ensure the ultra low latency for all pieces of the trading process from market data feeds, ticker plants, exchanges and other key trading platforms. These services can provide the competitive advantage that financial companies need to gain an edge in today’s market. CFN Services will also work to implement a customized plan to ensure that the network configurations are optimal based on each customer’s individual criteria.
“In the current market, financial services companies need every advantage available to thrive,” says Eric Shepcaro, CEO of Telx. “The suite of financial service providers and ultra low latency networks, such as those offered by CFN, are critical to our customers’ success. Telx remains committed to seeking out service providers who can help our customers realize their full business potential.”
In addition, the carrier-neutral stance adopted by both Telx and CFN provides added advantage for customers: by bringing a wide variety of service providers to the table to compete for your business, Telx helps customers get the lowest available service price with high-quality proximity hosting; while CFN creates custom networks utilizing optimal spans from available routes based on the customer requirements regarding latency, price, optimization, performance, and time to install.
“In addition to ultra low latency networking, CFN offers unique, performance-level SLAs that guarantee a specific latency today and network improvements that guarantee latency improvements over time,” said Wil Tirado Vice President of Engineering for CFN. “When obtained from within a Telx colocation facility, customers are assured a long-range business plan for growth that accommodates both current and future needs for decreased latency and increase space, power, and cooling over time.”
About Telx
Telx is a world-class leader in providing interconnectivity solutions through their network-neutral and network rich, colocation facilities. With over a dozen facilities in North America, Telx offers cost effective networking solutions for customers to seamlessly access diverse global networks and exchange information in a secure and reliable environment. Over 600 leading telecommunications carriers, ISPs, content providers and enterprises rely on Telx’s world-class team to support their mission-critical global infrastructure needs and to create a global connectivity marketplace to dramatically expand their business growth opportunities. Telx is a privately held company headquartered in New York City with facilities in New York, Atlanta, Chicago, Dallas, Los Angeles, San Francisco, Santa Clara, Miami, Phoenix, Charlotte, as well as Weehawken and Clifton, N.J. For more information about Telx, visit www.telx.com.
About CFN Services
CFN Services is a managed telecom infrastructure services company providing network services for the Enterprise, Public Sector and Carrier Markets. Specializing in network planning, deployment, and managed services, including local access transport, low latency networking, and mobile backhaul optimization, CFN Services leverages the company’s flagship FiberSource® network planning and optimization platform. CFN Services has provided network planning and deployment services to some of the leading wireless and wireline network operators including Verizon, AT&T, Level 3 and Sprint. For more information, visit www.cfnservices.com.
21-May
Focus: 4G
Backhaul the Lifeline to 4G
Jennifer Pigg, VP, Enabling Technologies, Yankee Group
Yankee Group research shows that 50% of mobile network failures today can be traced back to problems in the backhaul. That’s today – mostly voice, little data, almost no video on the mobile network. Backhaul is not only a bottleneck, it’s a kluge bottleneck. Service providers, unwilling to put their voice traffic at risk are leaving it on expensive TDM backhaul solutions and offloading data traffic to a parallel packet network. In this session, we look at today’s dominant backhaul solutions and explain how the service providers will eat up CAPEX dollars and bleed profits if they do not move to more efficient solutions. We also handicap the solutions available according to how stable we believe the solutions to be in terms of cost, performance, and management, particularly in terms of QoS and SLAs.
Sponsored by, CFN Services 
The A-Team Algorithmic Trading Directory – 2009 Edition is now available for download–with updated information and more profiles. The Algorithmic Trading Directory is the industry’s only reference for professionals active in the algorithmic and electronic trading community. The directory provides an easy-to-use guide to help buy-side professionals understand the algorithms on offer from their brokers and other trading counterparties and suppliers, where to find them, and who to talk with about them.
Equinix (EQIX) will be reporting 1Q 2009 results on Wednesday, April 22. Its numbers will probably represent a bellwether for the whole colocation sector.
Equinix guidance, given on its last conference call, was forecasting revenues in the range of $198.0 to $200.0 million (consensus is at $ 198.91 million), and EBITDA is expected to be between $86.0 and $88.0 million, with cash gross margins at 63%. The company doesn’t usually issue outlook for EPS, while analysts expect Equinix to earn $ 0.18, with a wide bracket between their numbers, ranging from $ 0.06 to $ 0.29.
The company is also expected to spend a large part of its forecasted 2009 CAPEX in the quarter, with capital expenditures expected to be between $ 100.0 and $ 110.0 million, including $ 20.0 million of ongoing CAPEX.
This quarter should not see a strong impact from currency fluctuations (which we expect just slightly negative for the Euro and the British Pound) like in the 4Q 2008, when the European subsidiary grew on a same currency basis 11%, although it showed a 4.6% decline in US currency.
We also take the opportunity to resume the guidance issued for the whole year, as the wording of the P/R announcing the conference call (the company will discuss first quarter results … and outlook for the second quarter and full year 2009) seems to suggest the intention to update or narrow full year outlook:
Mark Casey, President of CFN Services, is a featured speaker at the Datacenter Dynamics Conference, April 21st. The event is taking place in Washington, DC at the Renaissance Hotel.
The session Mark will participate in is entitled, “How Will the Information Superhighway and Data Center Fabric be
Reshaped by New Demands of Content and Data?”
Abstract about the session:
Once ranked 4th in the world by the OECD, the U.S. has fallen to 15th among developed countries in broadband penetration. Initiatives for green infrastructure and smart energy grids are one thing, but they all must be connected – the backbone of the digital recovery is fiber. Over $6.5 billion in funds for broadband expansion will be spent, but that will depend on a new definition of network neutrality from the Federal Communications Commission
* How will grants be channeled to local governments, ISPs and consumers?
* Will neutral network management requirements discourage ISPs from applying for broadband expansion grants?
* Determining the impact of virtualization, cloud computing, and data and content warehousing requirements on advanced automation, analytics and fast reporting
* Maximizing energy efficient performance at the lowest possible price
