Anova Technologies, a global provider of exchange connectivity, has launched its ultra-low latency 40Gbps lit fiber service for the financial industry, the company said.
And while other 40Gbps fiber offerings currently exist, they typically exhibit 30-40% higher latency than their 10Gbps lit services counterparts.
As financial markets become more real-time, more products are made available to investors and more exchanges are created, the requirement for higher capacity circuits has increased. Market data from a disparate set of liquidity centers needs to be moved across different regions in order to keep an accurate and up-to-date order book. However, none of it can be done at the expense of latency, which is the core problem of competitive solutions.
Anova Technologies is a provider and innovator in transport and hardware to the electronic trading space. 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.