Low Latency Route Offers Key U.S. Trading Hubs Network Diversity
LOUISVILLE, Colo., Feb. 11 /PRNewswire/ -- Zayo Bandwidth, a regional provider of fiber based bandwidth infrastructure, and a provider of carrier neutral colocation services, announced today that it has deployed a low latency route between major carrier hotels in New York and Chicago. The route, which was built on Zayo Bandwidth's operated network, was deployed in order to support algorithmic trading requirements for financial and carrier customers. The network not only provides low latency transmission capabilities, but also physical path diversity from other common carrier long-haul backbone routes.
"Financial transactions, supported by the latest algorithmic trading platforms, are growing to such a degree that millisecond improvements in network speeds are not only a competitive advantage but also maximize profits," said John Scarano, COO & Co-founder of Zayo Group and President, Zayo Bandwidth. "Zayo's deployment meets our customer's requirements and is backed by our service level agreement giving them assurance that a high level of reliability, performance and service will be met."
This unique regional route enables global banks, financial/commodity exchanges, market data providers, hedge funds and other market participants to deliver market data and execute orders from locations within New York and Chicago including: 111 N Canal St. and 350 East Cermak Rd., both in Chicago to 165 Halsey in New Jersey, and 111 8th Ave. and 60 Hudson St., both located in New York. Zayo's sister company, Zayo Colocation Services (zColo) is the exclusive manager and operator of the 60 Hudson St. Meet-Me-Room in New York City, one of the world's largest interconnect exchanges.
"We are very excited about the addition of unique 2.5G and 10G low latency wavelength solutions for our financial and carrier customers between New York and Chicago," said Brad Cheedle, Senior VP of Sales & Marketing. "This enhancement highlights our ongoing commitment to delivering the services our clients need to gain a competitive advantage."
About Zayo Bandwidth
Zayo Bandwidth, a wholly owned subsidiary of Zayo Group, owns and operates fiber optic networks totaling over 20,000 fiber route miles. Zayo Bandwidth (www.zayo.com/bandwidth) offers services in 141 markets spanning 23 states. Zayo Bandwidth’s mission is to provide responsive bandwidth infrastructure solutions and a strong and growing network.
About Zayo Group
Based in Louisville, Colo., Zayo Group (www.zayo.com) Zayo Group is a provider of Telecom and Internet Infrastructure services including Bandwidth Infrastructure and Network Neutral Colocation. We provide our Bandwidth Infrastructure services over our regional, metro fiber and fiber to the tower networks that span 141 markets and 23 states.