Sidera Networks Initial Supplier for NASDAQ OMX to Enable Express Connect
NASDAQ OMX Data Center has launched Express Connect, a low latency, point-to-point network solution that offers connectivity from the NASDAQ OMX Data Center in the US to major financial trading and co-location venues in New York, New Jersey, Chicago & Canada. NASDAQ OMX will be utilizing their strategic partnerships with Sidera Networks and CFN Services so that they can offer low latency connections from a single liquidity hub.
Sidera Networks is the premier provider of fiber optic-based network solutions, and as one of the initial suppliers along side CFN Services, they are helping NASDAQ OMX enable Express Connect. NASDAQ OMX co-location clients benefit greatly with exponentially lower communications latency through this secure and highly efficient network. Plans are in play to turn this network Global.
Express Connect network technology delivers dedicated bandwidth for point-to-point configurations that are effective in high-bandwidth, extreme performance and low latency scenarios, particularly trading and market data delivery.
As trading strategies, market data delivery and regulation all require connectivity at multiple venues, market participants who are co-located at the NASDAQ OMX Data Center will benefit from ultra low latency connections to major liquidity hubs from a consolidated access point. Express Connect will help market participants reduce network infrastructure and take advantage of a turnkey solution. Not only does the network facilitate connectivity to other data centers, but it also helps market participants connect to their own backup systems or other firms.
This newly formed strategic alliance enables Express Connect participants the lowest latencies available for direct market access to other leading North American trading venues and financial markets data centers!
Sidera Networks’ Xtreme Ultra-low Latency Network is the ideal solution for this expanded offering for NASDAQ OMX users. Now Express Connect is leveraging Sidera’s high capacity, high availability network which was built to support the needs of the financial industry and its high volume trading. This alliance means that NASDAQ can provide their customers with the high quality, low latency routes to all of their integral liquidity hubs with cost effective pricing. Now NASDAQ OMX Data Center can truly provide the easiest and most efficient way to reach national and international trading destinations with the help of Sidera Networks and CFN Services.