Fiber Network Just For Connecting Exchanges and Data Centers in NY, NJ Soon to Launch

from Information Management and SourceMedia:

>>Fiber Network Just For Connecting Exchanges and Data Centers in NY, NJ Soon to Launch

RCN Metro is laying fiber for a low-latency co-location and exchange-only network connecting the major bourses and data centers in the New York and New Jersey financial hubs, according to John Romagnoli, senior manager of product development at RCN Metro.

The firm will deploy services on the network by year end, he said, eventually offering speeds up to 100 gigabytes per interface. The project will be “100 percent complete” in six months, he said.

First described yesterday at the Wall Street Technology Association’s (WSTA’s) Emerging Hot Technologies conference in New York, Romagnoli, said “Project Mercury” will be the first to offer Wall Street “extreme low-latency, fault-tolerant and high-capacity” using “ROADM” provisioning technology.

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A network map Romagnoli provided at the conference showed the system connecting Bats, Nasdaq, NYSE Euronext; and co-location data centers offered by Equinix, Sungard, Switch and Data, Savvis, the Secure Financial Transaction Infrastructure (SFTI) and Telx.