Optimum Lightpath is upping the ante of its low latency network service capabilities by expanding its service into interconnection/colocation provider Telx's facilities in New York City and Northern New Jersey. Through this expansion, Telx's customer base--one that includes a number of global algorithmic trading, service providers and financial exchanges--can now get access to Optimum Lightpath's fiber-based low latency services.
By establishing a connection at Telx's 100 Delawanna Avenue in Clifton, NJ., Optimum Lightpath expands its connection to Telx's facilities at 111 8th Avenue in New York City and 300 Boulevard East Weehawken, N.J. Each of these facilities are strategic for financial service companies that need route diversity and low latency routes to connect to financial Electronic Communications Networks (ECNs), data center and algorithmic trading systems.
Financial customers will be able to take advantage of low latency routes that Optimum Lightpath designed between the Telx facilities in New York and New Jersey with guaranteed microsecond-level speeds. This latest move with Telx follows Optimum Lightpath's debut of its low latency optical service and 40 Gbps services earlier this year.
Michael Sevret, Vice President of Sales for Optimum Lightpath said the agreement with Telx is a response to the demand for low latency services from its financial customers.
"Telx's Clifton facility is a financial hot spot where customers access a lot of the gateways for Telx customers to reach other parts of the world," he said in an interview with FierceTelecom. "The latest connection with Telx in Clifton expands our footprint where we are connecting into three key facilities. This is a custom designed, low latency network that has direct routes between these Telx facilities that guarantees optimal performance, guaranteed microsecond latency and SLAs, which is in high demand by the financial community."
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