Anova Technologies, a preeminent provider of financial connectivity, has announced the acquisition of a long haul wireless network between 2905 Diehl Rd, Aurora, IL, 1400 Federal Blvd, Carteret, New Jersey and the Equinix campus of NY2/NY4/NY5 in Secaucus, New Jersey, the company said.
These addresses are the respective locations of CME, NASDAQ and CBOE/BATS electronic trading facilities.
The network has the capability to bi-directionally transmit 300Mbps, which is twice the typical capacity of most microwave systems built in this corridor. Further, with latencies (measured from client port-to-client port) coming in at 4.070ms one-way from Aurora to Secaucus and 4.025ms one-way from Aurora to Carteret, this path immediately slots in as one of the very fastest commercial networks.
The transmission of market data between financial centers is essential for efficiency within the trading landscape as a whole – assisting with price discovery, liquidity and market making.
With this acquisition, Anova now has almost 1,600 kilometers of RF network active and is one of the largest financial industry wireless carriers.
Since its inception in 2009, Anova has pioneered the deployment methodology for millimeter wave point-to-point networks, is the sole provider of long distance hybrid lasercom connectivity, patented and deployed endpoint termination devices and been honored with multiple awards and media coverage. Firms of all types and sizes rely on Anova´s networks to deliver ultra-low latency, near perfect availability, and scalable capacity.