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Posts Tagged ‘dark fiber’

CFN Services Launches Alpha Platform™ Ultra-Low-Latency Trading System

Friday, July 8th, 2011

High Performance Private Cloud Platform Accelerates Market Data Delivery and Trade Execution Across Major Asset Classes and Liquidity Venues Worldwide

Herndon, VA (PRWeb). — June 14, 2011 — CFN Services, a leading provider of managed high-frequency trading enablement services, today announced the Alpha Platform™, a global high performance private cloud for automated trading. This low-latency market data and application delivery platform improves automated trading performance across key liquidity venues in the equities, options, futures, derivatives, and FX markets. It is a flexible and customizable platform that seamlessly integrates delivery of low latency market and event data with best-of-breed trading applications, all proximity hosted within the liquidity venues to accelerate trading performance.

The infrastructure that forms the foundation of the Alpha Platform™ provides ultra-low-latency market data delivery and trade execution for some of the world’s most sophisticated high-frequency trading firms. Trading application vendors can now leverage this same infrastructure to jumpstart low-latency global delivery of their solutions, while trading firms can rapidly deploy these applications in a high performance environment to capture more Alpha and increased trading profits. Read More

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Exegy Deploys Ultra-low-latency Hosted Ticker Plant on CFN Services’ Alpha Platform™

Friday, July 8th, 2011

Companies’ first deployment is designed to enable Canadian website tracking aggregated market-data messages across North American exchanges

Herndon, VA (PRWeb). — June 16, 2011 — CFN Services, the leading provider of managed high-frequency trading enablement services, today announced that Exegy, the market leader in high-performance ticker plants, has selected the Alpha Platform™ to deploy the ultra-low-latency, hardware-accelerated Exegy Ticker Plant.

With unmatched throughput and ultra-low latency, the Exegy Ticker Plant processes and enriches data for the world’s leading collocated trading operations. A single Exegy Ticker Plant provides all the updates for www.MarketDataPeaks.com, the first public website that provides a minute-by-minute account of the aggregated volume of market-data messages across major North American exchanges.

“The Alpha Platform™ provides an ideal infrastructure for the Exegy Ticker Plant offering,” said Jeff Wells, Vice President of Product Marketing, Exegy. “Our first deployment with CFN Services will be at the Toronto data center where we plan to create a MarketDataPeaks website for Canada.”

The infrastructure that forms the foundation of the Alpha Platform™ provides ultra-low-latency market data delivery and trade execution for some of the world’s most sophisticated high-frequency trading firms. Trading application vendors can now leverage this same infrastructure to jumpstart low-latency global delivery of their solutions, while trading firms can rapidly deploy these applications in a high performance environment to capture more Alpha and increased trading profits.

“CFN Services has launched a premier platform for seamless integration of low-latency market and event data with high-performance trading applications,” said Sebastian Yoon, CFN Services’ Vice President of Financial Services. “We’re excited about bringing Exegy’s ticker plant technology to the Alpha Platform™, further expanding the market leading solutions it integrates across key liquidity venues worldwide.”

About Exegy Exegy provides ultra-high performance hardware-accelerated market data appliances (www.exegy.com/tickerplant) that efficiently process and enrich market data for the world’s leading financial organizations. Exegy’s unique market data products respond to financial organizations’ growing demands for low latency, reduced cost of ownership, and flexibility. Exegy’s products are compatible with leading operating systems and interconnects. For more information, please visit www.exegy.com.

About CFN Services in the Global Financial Markets CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency Alpha Platform™, a high performance global cloud that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets.

About CFN Services CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia.

Press Contacts:

CFN Services

Judy Misbin-May

+1-703-788-6633

judy.misbin-may@cfnservices.com

Exegy

Jeff Wells

+1-314-218-3626

jwells@exegy.com

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CFN Services Expands Managed Trading Infrastructure Platform

Monday, March 7th, 2011

Herndon, VA – March 6, 2011 – CFN Services, a leading provider of managed high frequency trading infrastructure services, today announced that it has added optimized delivery of North American exchange feeds on its global low latency trading infrastructure platform which dramatically reduce latency between, and within, US and Canadian trading venues. This eliminates the need for clients to invest in low latency circuits and instead utilize CFN Managed Trading Infrastructure Platform to deliver their market data cost effectively and with leading low latency. The CFN Managed Trading Infrastructure Platform seamlessly integrates the CFN Financial Ecosystem, which provides clients with a wide range of complimentary market data, news, service and application providers. The CFN Financial Ecosystem is consistent with CFN’s policy of being vendor neutral to provide the best of class solutions.

CFN Low Latency Market Data Delivery is designed to provide best of breed solutions for each client and insure reliability, performance, and a lower overall operating cost by employing:

• Optimized Infrastructure – CFN maintains an evergreen structured technology refresh program which can quickly and seamlessly react to market demands and changes
• Resiliency – CFN practice is to maintain redundant connectivity to all data sources

• Flexible configurations – as business needs and trading strategies evolve services can be quickly modified to meet current requirements

• Lower cost of ownership – Fully managed solutions to include the market data, connec-tivity and managed hosting

• Scalability – CFN can support requirements ranging from a single server in a single location to an interconnected global deployment
• Support – from a 24×7 operations center to on-demand access to a pool of interdisciplinary talent throughout a client’s entire systems life cycle, from needs determination, evaluation, implementation, deployment, enhancements, and maintenance

Sebastian Yoon, CFN Vice President of Financial Services, states, “CFN Managed Trading Infrastructure is designed to optimize the trading process while controlling expenses for our clients. For example we are able to reduce delivery latency of CME, NYSE, BATs, and ARCA market data between Chicago and New York to 14.6 milliseconds, while streamlining expenses for clients by eliminating the need to run redundant individual data circuits.”

About CFN Services
CFN Services is a managed telecom infrastructure services company providing network services for the Enterprise, Public Sector, Carrier and Wireless Markets, specializing in ultra-low latency networking, middle mile and last mile optimization and mobile back haul. CFN Services leverages FiberSource®, a global knowledge-based platform that identifies all available dark and lit fiber, collocation, towers, structures and lit buildings; providing network design, planning, deployment, and managed services offerings. For more information http://www.cfnservices.com

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Trading Beyond the Horizon

Wednesday, January 27th, 2010

Available Now: 2010 Trading Beyond the Horizon

Download Now

In 2010, financial markets participants will continue to expand their trading activities as liquidity increasingly becomes fragmented, seeking alpha in new markets, best execution in dark pools, arbitrage opportunities across the order book and by implementing high frequency and complex, multi-leg, cross asset class strategies.

The successful operations – whether they be the proprietary desks of traditional broker/dealers, specialist high frequency and algorithmic traders, or quantitative hedge funds –  will leverage a trading infrastructure that combines high performance analytical, algorithmic and order routing platforms with the lowest latency access to multiple, geographically dispersed execution venues.

Multi-market trading – leveraging a fragmented market landscape – introduces new challenges, even for trading firms that have mastered the complexities of low-latency execution using approaches such as co-location and proximity.  Those mechanisms, while still relevant, provide a less complete solution when trading across markets that are geographically dispersed.

New entrants into the market for connectivity and proximity services include organizations that are themselves market participants, such as sell-side firms offering sponsored access and DMA, and liquidity venues, which are now providing global order routing networks, in some cases channelling order flow to their competitors.

Those service providers join traditional players including telcos, hosting companies and value-added extranet vendors, who often bundle trading applications with connectivity.

The bottom line: For multi-market trading, optimization of long-haul and metro communications links, combined with smart use of co-location, is an imperative for achieving the lowest latency, and this requires an understanding of connectivity offerings at a deep, granular level.

This  industry briefing explains the drivers for fragmentation and multi-market trading, the evolving landscape of market access, and explores connectivity approaches to minimize latency.

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Knowledgeportal Low Latency and Dark Fiber News

Sunday, January 24th, 2010

Check out the newest knowledgeportal to support low latency and dark fiber news and resources.

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CFN Services Joins Switch and Data GeoReachSM Partnership

Wednesday, December 2nd, 2009

TAMPA, Fla. – December 2, 2009 – Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, announced today that CFN Services, a leading ultra low-latency network and custom fiber optic network integrator in the financial industry, has joined Switch and Data’s GeoReach partnership program.  CFN will provide clients with turnkey or custom-designed, low latency interconnections to multiple regional exchanges from Switch and Data’s New York and Toronto Financial EcoCentersSM.  CFN FiberSource(r) Advisor provides professional services to assist financial firms in their regional or global network design, planning, and strategy to enhance their individual electronic trading strategies.

CFN Services, the low-latency leader, provides low-latency global exchange connectivity; offering specific ultra low-latency solutions for the trading areas in Toronto, Chicago, New York/ New Jersey Metro, Washington DC, Sao Paulo, London/London Metro, Frankfurt and Tokyo.   CFN is recognized as one of the only network providers to offer the Low Latency Guarantee along with a Latency Improvement Plan. 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.   CFN sets itself 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 proud to be part of Switch and Data’s new GeoReach program,” said David Conrad, Vice President of Finanical Market Sales, CFN Services. “CFN and Switch and Data can now deliver a complete low-latency solution in the most ideal market locations in New York and Toronto. Under this partnership, we can implement a competitive and comprehensive solution to the most demanding high frequency trading or latency-sensitive infrastructure.”

Switch and Data’s GeoReach partnership program is a select group of providers who have engineered their networks to meet the needs of the high frequency trading community. GeoReach partners have engineered optimum paths from Switch and Data’s EcoCenters to each of the regional liquidity providers that satisfy the requirements of the most latency-sensitive infrastructure. Firms can focus on their core and add each new ATS or Exchange using a low cost, minimal footprint while still maintaining ultra low latency communication across the markets.

“Adding CFN Services to our GeoReach partner program in our New York and Toronto Financial EcoCenters enhances our ability to offer customers ultra-low-latency connectivity to their desired exchanges,” said John Panzica, Vice President of Switch and Data’s Financial Services Practice.  “As more customers utilize trading strategies across the entire market landscape, a selection of optimized paths to the region’s liquidity providers becomes ever more crucial. CFN’s continual optimization creates a compelling story for firms seeking to stay ahead of the curve.”

GeoReach Partners are a critical element of Switch and Data’s Financial EcoCenters which provide mission-critical infrastructure to meet the security, volume and low-latency requirements of the electronic trading community.  These EcoCenters aggregate an ecosystem of the pre and post- trade service provider, buy-side and sell-side communities into Switch and Data sites located in the geographic center of the major liquidity providers in New York and Toronto.

About CFN Services

CFN Services, the Low Latency Leader, is a managed telecom infrastructure services company providing network services for the Enterprise, Public Sector and Carrier Markets, specializing in network design, planning, deployment, and managed services, including: Low Latency Global Exchange Connectivity, Global, Regional and metro network design and cost optimization and mobile backhaul optimization

CFN Services specializes in Data Center optimization ensuring the long haul network enhances the Enterprise distributed network strategy. CFN Services leverages FiberSource®, a global knowledge-based platform that can view all available dark and lit fiber, collocation, and lit buildings; providing the ability to quickly identify and design ultra low latency solutions. Learn how CFN Services can ensure you are Optimizing the Power of your Network www.cfnservices.com

About Switch and Data

Switch and Data is a premier provider of network-neutral data centers that house, power and interconnect the Internet. Leading content companies, enterprises and communications service providers rely on Switch and Data to connect to customers and exchange Internet traffic. Switch and Data has built a reputation for world-class service, delivered across the broadest colocation footprint and richest network of interconnections in North America. Switch and Data operates 34 sites in the U.S. and Canada, provides one of the highest customer satisfaction scores for technical and engineering support in the industry, and is home to PAIX® — the world’s first commercial Internet exchange.

Important information about Switch and Data is routinely posted to the investor relations section of the company’s website www.switchanddata.com. For copies of all Switch and Data press releases and SEC filings, please visit the website. To automatically receive Switch and Data financial news by email, please visit the website and subscribe to Email Alerts. Investors are encouraged to check Switch and Data’s website frequently to access the most up-to-date information.

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Mark Casey to Speak at Financial Market Structure Event

Tuesday, November 10th, 2009

Mark Casey, President of CFN Services, will be discussing the ability to mitigate risk from your low latency connectivity strategy utilizing a solution that alleviates dependency on single source providers and provides an integrated hosting and connectivity strategy.  Mark brings his experience from his over year 20year history  in telecommunication networks having worked at such companies at AT&T, MCI and CSX Fiber Networks. Mark Casey was the managing director of CSX Fiber Networks and spearheaded the spin off of CSX Fiber Network  to form what is now CFN Services.  CFN Services also acquired the proprietary asset FiberSource® which is a knowledge-based platform delivering access to over 550 carrier networks globally including more than 100 submarine systems; providing direct visibility into all available dark and lit fiber options, collocation facilities, and metro fiber rings for optimal deployment to any global financial center worldwide. This experience and tool set provides Mark the ability to have a deep understanding and knowledge required for an Global Connectivity Exchange Solutions.

Event Name: Switch and Data Presents: Financial Market Structure: Panel Event

Event Date: 11/19/2009 – 11/19/2009

Event Location: Helmsley Hotel, 212 East 42nd Street, NY, NY 10017

Panelist:

Host:
John Panzica, Vice President, Financial Services Practice, Switch and Data

Moderator
Kevin McPartland, Senior Analyst, TABB Group

Panelists
Nigel Faulkner, Managing Director, CTO Equities Trading, Goldman Sachs
George Hessler, Executive Vice President, Lime Brokerage
William Warner Director, Sales Engineering, Reliance Globalcom
Mark Casey, President, CFN Services, Incorporated
Josh Schubkegel, Exective Director, Client Facing Technology, UBS

Event Description: Financial Market Structure: Architectural and Infrastructure Challenges in the New Trading World Many new material changes have firms overhauling their trading infrastructure. How does your overall strategy stack up against the next guy? Join us for a panel discussion about the latest trends and challenges that have firms re-designing for 2010.

Event Website: http://www.switchanddata.com/Financial/Fall-Event

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WSTA Resource Guide

Wednesday, September 2nd, 2009

WSTA Resource Guide: CFN Services

CFN Services is a managed infrastructure services company providing network services for the Financial Markets, specializing in network design, planning, deployment, and managed services, for ultra- low latency networking. CFN Services leverages FiberSource®, a global knowledge-based platform that identifies all available dark and lit fiber, collocation, and lit buildings; providing the ability to quickly identify and design optimal ultra-low latency solutions.

Contact Information:
www.cfnservices.com
Judy May
lowlatency@cfnservices.com
703.788.6534
2325 Dulles Corner Blvd 5th Fl
Herndon, VA 20171

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Fiber Characteristics that Affect Latency

Friday, August 21st, 2009

cfn_blue_dot

Ensure you have all the facts before you make a choice between Dark and Lit Fiber.

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TMC Interview with Mark Casey, CFN Services

Tuesday, July 28th, 2009

TMC NewsroomCFN 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

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