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Press Release -- June 29th, 2011
Source: Hibernia Networks
Tags: Datacenter, Ethernet, Exchange, Low Latency, Wavelength


  • Hibernia Atlantic’s Global Financial Network (GFN) provides access to the BATS Exchanges in the U.S. and BATS Europe, the company’s London-based multilateral trading facility
  • The GFN offers low latency, 100% secure connectivity to BATS with its ‘Hibernia Secure’ failover routing   
  • The GFN provides traders around the world the capability to connect into the BATS markets from over 120 key financial cities on the GFN network, with industry-leading 5-day turn-up

SUMMIT, NJ & DUBLIN, IRELAND – June 29, 2011- Hibernia Atlantic, the only US-owned, diverse transatlantic high bandwidth connectivity provider, announces today that its Global Financial Network (GFN) now provides access to the BATS Exchanges in the U.S. and BATS Europe, operated by BATS Global Markets. In the U.S., the BATS Exchanges (BATS BZX Exchange and BATS BYX Exchange) handle approximately 10-11% of all equities trading and BATS Options handles approximately 4% of all equity options trading. BATS Europe operates an FSA-authorised multilateral trading facility (MTF) for pan-European equity securities with approximately 6% pan-European market share and 11% of the FTSE 100.

Hibernia’s GFN can now provide traders from around the world the ability to connect into the BATS markets from anywhere on the GFN network , including over 120 key financial cities with an industry-leading 5-day turn-up. Hibernia is also offering “Hibernia Secure’, a single interface to a secure, reliable and dedicated platform.  ‘Hibernia Secure’ offers multiple route options, providing 100% guaranteed uptime between BATS and other critical trading routes. “We are delighted that Hibernia is committed to working with us to bring their customers seamless, low-latency access to our markets in the U.S. and Europe,” states Chris Isaacson, Chief Operating Officer at BATS Global Markets. “We’re committed to easing frictions in the marketplace for our market participants, so we’re excited when key industry providers such as Hibernia link to our venues and increase connectivity choice for our customers.”

Hibernia’s GFN is a purpose-built, exclusive network for the financial industry, including banks, financial exchanges and trading firms. Specifically designed to meet the demanding performance and reliability requirements of the financial community, the GFN offers access to key metro markets and financial exchanges in North America, UK, Europe and now the Asia Pac-Rim. With over 120 points of presence, Hibernia’s GFN is built upon 24,000 kilometers of fiber optic cable, extending to the world’s key financial cities. Additionally, the company offers an industry-leading 5-day turn-up or the first month free.

“Our innovative GFN enables traders and exchanges to execute trades faster and more efficiently,” states Bjarni Thorvardarson, CEO of Hibernia Atlantic. “Clients can now securely connect to BATS from any point on the GFN, expanding network availability and delivering high performance network services to the global financial community. We are also providing an extra layer of diversity and security; ‘Hibernia Secure’ will automatically re-route traffic to a secondary route of the client’s choice in the unlikely event of signal loss. With multiple route choices in and around London and across the globe, Hibernia’s ultra low latency routes and diverse back-up routes ensure customers receive top quality service at all times.”

To find out more information on the GFN, please contact or visit

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About Hibernia Atlantic’s GFN:

Hibernia Atlantic’s Global Financial Network (GFN) is a financial exchange connectivity division of Hibernia Atlantic, the Trans-Atlantic, high-bandwidth, connectivity provider. Built on over 24,000 kilometers of network, GFN connects the world’s largest exchanges’ datacenters to its direct participants through secure and diverse dedicated, high bandwidth, ultra low-latency Ethernet and optical-level service from 1-GigE, 10- GigE, LanPhy wavelengths and traditional SONET/SDH services. Utilizing the Hibernia Atlantic diverse and secure backbone, GFN offers world-leading broker dealers, hedge funds, market data providers and other financial firms over 120 Points of Presence (PoPs) into key capital market cities in the US, Canada, UK, France, Germany, Ireland, mainland Europe and the Pacific Rim. Hibernia is building the lowest latency connectivity from New York to London with sub 60 ms RTD called Project Express. For more information, please visit

For Hibernia media inquiries, please contact:

Jaymie Scotto & Associates | +1.866.695.3629

About BATS:
BATS Global Markets (BATS) is a leading operator of stock and options markets around the globe. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe, an FSA-authorised multilateral trading facility in Europe. Each of these marketplaces is powered by BATS’ innovative and proprietary technology that was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London. For more information, visit

BATS … Making Markets Better.

For BATS media inquiries, please contact:

Kelly Bailey or Stacie Fleming

BATS Global Markets

Phone: +44 (0) 207.012.8950 or +1.913.815.7193


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