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ADVA Optical Networking’s FSP 3000 Selected for CFN Services’ Ultra-Low-Latency New York-Washington Trading Route - Innovative Network and ADVA Optical Networking solution to be highlighted at low-latency trading events in London and new york
ADVA Optical Networking’s FSP 3000 Selected for CFN Services’ Ultra-Low-Latency New York-Washington Trading Route

 

PRZOOM - /newswire/ - Martinsried, Munich, Germany, 2011/04/19 - Innovative Network and ADVA Optical Networking solution to be highlighted at low-latency trading events in London and new york. FSE: ADV

   
 
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ADVA Optical Networking today announced that its solution has been selected by CFN Services to provide the industry-leading latency from Washington, D.C., to the New York/New Jersey trading venues. The availability of this route provides trading firms a competitive advantage for those who utilize data sourced from Washington, D.C. Leveraging ADVA Optical Networking's FSP 3000, the industry's lowest-latency transmission solution, the CFN optical-fiber network will provide the N.Y./N.J. financial community the fastest available access-3.7 milliseconds RTD-to the Washington, D.C., information sources.

ADVA Optical Networking will be available to discuss the FSP 3000 and CFN's New York-Washington, D.C., route on April 19, 2011, and April 28, 2011, at the A-Team Group conference, "The Business and Technology of Low-Latency Trading," being held in London and New York City, respectively.

"CFN is committed to maintain an evergreen network that can quickly and seamlessly react to market demands and changes. This latency improvement for D.C.-N.Y./N.J. provides another proof-point to this commitment," said Wil Tirado, vice president engineering and operations with CFN. "The ADVA FSP 3000 has firmly proven itself as the industry's best-performing solution for low-latency financial trading, which supports CFN's commitment to offer best-in-class solutions. ADVA Optical Networking's technology roadmap and team of more than 500 engineers best position our customers to stay on top of the innovative features and functions that are required in this space today and in the future."

"The differences in optical-networking routes and gear have grown more distinct and important as the tolerance to latency in executing trades has minimized," said Brian Quigley, senior director of global strategy with ADVA Optical Networking. "We have a long history of partnering closely with financial firms around the globe to help them satisfy evolving requirements and to achieve business objectives, and these lessons-learned continue to inform the ongoing development of our FSP 3000 solution. We look forward to working with CFN and the users of this innovative New York-Washington, D.C., network."

ADVA Optical Networking has served the financial community for more than 15 years, and the ADVA FSP 3000 platform has been successfully deployed by thousands of enterprise customers globally.

 
 
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Agency / Source: ADVA Optical Networking

 
 

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ADVA Optical Networking’s FSP 3000 Selected for CFN Services’ Ultra-Low-Latency New York-Washington Trading Route

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ADVA Optical Networking securities in any jurisdiction including any other companies listed or named in this release.

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