Sidera Networks connects Europe's Flexenet to its low latency network

Sidera Networks' dedication to building out its Xtreme low latency network has resonated with Flexenet, a European provider of voice trading technology and connectivity solutions for financial firms that's establishing a foothold in the U.S. market.

A key piece of the agreement is Sidera's growing network reach into the New York City financial district.

Under the terms of the agreement, Sidera will provide Flexenet with direct access to New York-based financial exchanges and provision circuits to Flexenet's Manhattan building for automated trading applications.

While the low latency services market has become quite crowded with a group of incumbents and competitive players staking their claims, the agreement with Flexenet provides Sidera with some obvious credibility as other international and U.S.-based traders look for new low latency network provider options.

To date, Sidera provides low latency services to about 250 financial institutions and connectivity to 30 of the largest financial exchanges.

For more:
- see the release

Related articles:
Sidera Networks bolsters colocation footprint with Cross Connect Solutions acquisition
Sidera to supply fiber-based services to MBTA
Sidera Networks establishes express low latency route with ancotel USA
Sidera Networks to acquire Long Island Fiber Exchange

Suggested Articles

For the fourth straight year, AT&T ruled the roost for on-net fiber lit buildings in the U.S., according to research by Vertical Systems Group.

Colt's decision to invest heavily in SDN-based networking is foundational to its ability to handle increased traffic loads due to COVID-19.

Microsoft plans to work with other operators soon, including Rogers, Telefonica, Vodafone Business, SK Telecom, Telstra, Etisalat and NTT.