Alpha Alliance™ Enables Trading Services Firms to Collaborate and Deliver Industry-Leading Solutions for the Global Financial Markets

Herndon, VA (PRWeb).  July 27, 2011 — CFN Services, Inc., the leading provider of managed high-frequency trading enablement services, today announced the Alpha Alliance™, an innovative network of trading services firms delivering fully integrated and customizable solutions for the global electronic trading market.  The Alpha Alliance brings together best-of-breed trading technologies, applications, and services across the full trading life cycle, from analysis and decision-making, to risk management, execution, and settlement of the trade.

Alliance partners deploy their solutions on CFN ’s Alpha Platform™, a low latency trading infrastructure offering the highest performance for market data delivery and trade execution worldwide.  Technology partners rapidly deploy their applications and services on a proximity hosted platform as part of a comprehensive solution, improving application delivery performance while lowering costs and expanding access to new markets.

Alpha Alliance partners collaborate to develop full service enhanced, customized solutions that best advance the unique trading strategies of their clients. With access to the technical capabilities and market-specific expertise within the Alpha Alliance network, clients and business partners interact in completely new ways.  Trading firms ultimately benefit from having access to the market-leading solutions necessary to remain competitive in today’s rapidly evolving financial markets.

“CFN is very excited to play a pivotal role in taking automated trading solutions to the next level,” said Mark Casey, President of CFN Services. “Bringing the best technology, product and service firms together on one platform enables next-generation trading solutions capable of fully leveraging the rapid growth in global electronic trading. Alpha Alliance members are setting the standard for high performance trading.”

To find out now how Alpha Alliance can bring your trading solutions to the next level

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 low latency global infrastructure that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets. CFN is the sponsor of the Alpha Alliance which is setting the standard for next generation infrastructure and providing leading edge trading solutions. For more information visit CFN Services website

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. For more information: http://www.cfnservices.com

Press Contacts:

Judy Misbin-May, CFN Services

+1-703-788-6633

judy.misbin-may@cfnservices.com

Inside Market Data, an Incisive Media Publication, has named CFN Services, a finalist for the 2011 Inside Market Data – Best Data Networking and Infrastructure Provider. Inside Market Data and Inside Reference Data Awards recognize industry excellence with market data, reference data and enterprise data management. CFN Services is joined by 6 other firms in this category including; NYSE Technologies , Thomson Reuters, and Equinix.

“We are pleased to be included among the leading companies in this category,” said Mark Casey, President and CEO of CFN Services, “this recognition is validation of our commitment to our clients, and our optimized delivery of their market data and trading applications worldwide.”

Judges for this category include representatives from Morgan Stanley, JP Morgan Chase and HSBC among the 12-member panel. The awards are presented annually to recognize achievement in market and reference data, as well as enterprise data management. The winner of the 2011 award will be announced in New York on May 24, 2011.

For more information on this offer or to order now click here

Ridgeland, MS – March 29, 2011 – Spread Networks, LLC, a privately owned telecommunications provider, today announced a new agreement with CFN Services, a managed telecom infrastructure services company, which gives

CFN rights to resell Spread Networks’ Low Latency Wave Service, effective immediately.

Spread Networks recently announced that it had improved the latency of its Low Latency Wave Service to 14.6ms.  CFN can now offer its customers 1G and sub-1G bandwidth services on Spread Networks’ Low Latency Wave network.  CFN will be the exclusive provider of sub-1G bandwidth on the Spread network.

“Our agreement with CFN Services provides an opportunity to reach a broader customer base than ever before,” said David Barksdale, Chief Executive Officer of Spread Networks, “By offering an increased range of bandwidth options, CFN Services will address customers who need less bandwidth but still demand Spread Networks’ commitment to industry leading latency and excellent service.”

“CFN Services operates a premier delivery platform for market data and trading applications in top liquidity venues around the world. Our customer applications demand the highest performance networks with respect to latency and availability,” states Mark Casey, President and CEO of CFN Services. “Adding Spread Networks leading Low Latency Wave Service between New York and Chicago future proofs our platform, ensuring that we will continue to offer best in class latency between those direct markets and their extensions into critical international venues.”

CFN’s bandwidth services on the Spread network will be offered between Chicago, IL and Spread Networks New Jersey endpoints at Newark, Weehawken, Carteret and Secaucus.  With the shortest route between Chicago and New Jersey, the services will continue to provide the lowest latency of any available network service between these financial centers, with the exception of Spread Networks’ own dark fiber service.

In addition to electronic trading firms, this service is ideal for brokers, market data vendors, exchanges, ECN and alternative trading systems (ATS) that value low latency. The network is monitored by a dedicated customer service team and backed by a competitive service level agreement.

Spread Networks’ fiber network was built from the ground up with the financial community in mind. In addition to its wave service, Spread Networks offers its flagship private dark fiber service that is the benchmark for ultra low latency connecting New York and Chicago in under 13.33 milliseconds roundtrip. To build this network, Spread Networks literally trenched a long-haul route on the shortest possible path connecting these two financial centers.

About Spread Networks

Spread Networks, a privately own telecommunications provider, built a new fiber network from the ground up, connecting New York and Chicago to set a new standard for latency. Without the drag of traditional telecommunications offerings, Spread Networks provides its customers with a state-of-the-art diverse and secure fiber optic network to allow data to run as close as possible to the true speed of light through fiber.

www.spreadnetworks.com

About CFN Services

CFN Services is a provider of custom, high performance network and application solutions to sophisticated global financial markets participants and network operators worldwide, as well as delivering the on the promise of 3G and 4G networks for mobile operators. Leveraging its proprietary global transport planning platform FiberSource, CFN enables carrier, enterprise, and government network operators to optimize across the key network variables of latency, diversity, bandwidth, and cost. For more information, visit www.cfnservices.com.

Contact:

media@spreadnetworks.com  — judy.misbin.may@cfnservices.com

Use Case: Fully Managed Trading Infrastructure

Author: Judy Misbin-May

As lead traders in large corporate investment firms and banks begin look for more control over their future, many are taking the leap to start their own Proprietary Trading Firms.  One such newly formed High Frequency Trading firm, came to CFN Services with a challenge. Their goal was to be up and trading real-time within a 30 day window. They had been working with many vendors to integrate a comprehensive solution that would optimize the trading ecosystem from pre-to-post trade execution.  As they dealt with contracts, vendors and many headaches, they requested of CFN to make this process easier so they could focus on their goals and profitability for their multi-asset trading strategy

Solution:

CFN FAST Platform (Financial Application Services Trading Platform) provided the value to this firm that they required, yet the flexibility and control they insisted on. Through the module approach offered by CFN Services, the trading firm was able to pick and choose the areas they wanted to keep in house and areas they wanted to outsource. They did not need to question their buying decisions as CFN is host/carrier neutral picking the best solution for each specific client. CFN also gave them peace of mind by providing the firm a few solutions with the pros and cons of each clearly articulated. The trading firm also did not want to lock up cash in their trading platform, and with CFN Services was able to implement their full solution with little capital outlay.

Outcome:

Utilizing CFN expertise and suite of products, this firm was able to greatly reduce the volume of partners and vendors they needed to negotiate and sign contracts with.  This alone provided them the ability to free up to 25 hours a week of the pre-start up time to focus on the core area of the business.  The goal to be up and trading within 30 days was accomplished, without divulging proprietary information. The trading firm acknowledged that CFN helped accelerate the development cycle and allowed them to strengthen their place in the market.

To inquire about options for your firm click here

Article Source: http://www.articlesbase.com/currency-trading-articles/use-case-fully-managed-trading-infrastructure-4326531.html

About the Author

Sao Paulo is the HOT, NEW destination for the trade execution success in 2010! CFN Services offers the lowest latency exchange connectivity to BM&FBOVESPA.  From event to execution every millisecond matters; knowing that the connectivity is completely optimized provides your firm a competitive edge. Capacity is Limited, so call now for your Low Latency Guarantee.  While you are thinking about it, why not ask about our other locations: London, Toronto, Frankfurt, New York, Chicago, Tokyo, Korea and Singapore. For more info saopaulo@cfnservices.com

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