BAE Systems awarded £50 million contract » Photo: MoD Photo: MoD The Ministry of Defence (MOD) has awarded a £50m contract to BAE Systems t... Octavian opens new office in South Africa » Octavian Security has kicked off its ambitious 2015 growth plans by launching a new South African of... icomply partners with TIS in security overhaul of ... » icomply has recently partnered with TIS on overhauling the security system of Boots UK. The central ... Tech Trailblazers Awards announce the startup wi... » London, UK: The Tech Trailblazers Awards, the first annual awards program for enterprise information... ASIS Foundation and University of Phoenix to awa... » ASIS Foundation Opens Application for 10 Full-tuition University of Phoenix Scholarships Feb. 2 Lieberman Software reduces the risks of enterprise... » LONDON, UK: It can be almost impossible to manually discover and track all of the privileged account... Cubic Defence New Zealand ranks number one for D... » SAN DIEGO, Calif.: Cubic Corporation has announced that Australian Defence Magazine ranked Cubic Def... Blame the 'Grand Children' of the North (GCON) ov... » When people are secluded and prevented from being exposed to the trends of civilisation and enlighte... AppRiver dissects current global threats to cybe... » London, UK: AppRiver, LLC has released its year-end Global Security Report, a detailed summary and a... OPSWAT acquires email security provider Red Earth ... » LONDON (UK): OPSWAT has acquired Red Earth Software, developer of email security and secure file tra...

CLICK HERE TO

Advertise with Vigilance

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

Information Security Header

New York: Options has announced that it has upgraded the route between the firm’s data center facilities in Carteret and Weehawken, New Jersey (NJ2). The newly upgraded link reduces one-way latency on the route by 6.7% and sees the IaaS provider offer customers the fastest route currently available between both venues. This announcement follows a busy start to 2014 for Options on the connectivity front that saw the addition of Quincy Data’s Quincy Extreme Data (“QED”) service to the platform, enabling the managed service provider to offer data at the lowest known latencies to customers trading across markets in Equinix NY4 and the CME, a March upgrade of the route between its venues in Savvis Weehawken, New Jersey (NJ2) and Equinix Secaucus New Jersey (NY4), reducing round-trip latency on the route by 36%, and, earlier this month, the upgrade and expansion of its managed server hosting and connectivity in Carteret ahead of eSpeed’s migration to Nasdaq’s main data center there.

The upgraded route between Carteret and Weehawken was deployed as part of Options’ PIPE® Velocity services, a key component of the Options’ Private Financial Cloud platform. PIPE Velocity is a low latency trading, FIX connectivity, market data and computing infrastructure, providing clients with lowest latency and highest capacity direct market access both locally and in key trading centres around the world.

“The dynamic nature of today’s global capital markets demand that managed service providers continually strive to achieve key performance gains for clients. In what is often an end-to-end strategy, reducing latency remains the primary benchmark by which a company such as Options is measured. This latest upgrade further underlines Options’ commitment to the continual upgrade of our network and our ability to assist our clients in achieving that most crucial of competitive advantages,” commented Options SVP, Ken Barnes.