Spread Unveils Low-Latency Network

Spread Networks announced launch of a dark fiber private network that sets a new standard in trading latency between Chicago and New York

June 22, 2010

3 Min Read

RIDGELAND, Miss. -- Spread Networks, LLC, a privately owned telecommunications provider,today announced the launch of a dark fiber private network that sets a new standard in trading latency betweenChicago and New York.

In development for over three years, Spread Networks offers financial firms direct access to dark fiber on acompletely new route – the shortest possible route from New York to Chicago, 825 fiber miles long – reducinground-trip latency to 13.33 milliseconds.

Without the drag of traditional telecommunications offerings, Spread Networks provides its customers with aprivate network to achieve a 'clean speed,' allowing data to run as close as possible to the true speed of lightthrough fiber.

“Spread Networks has established the competitive standard for trading latency between these two importantfinancial centers,” said David Barksdale, CEO of Spread Networks. “Financial firms looking for increasedbandwidth to move large volumes of data with maximum efficiency will turn to Spread Networks to providethem with the most efficient, private dark fiber network available today; a system that will outperform otheroptions for speed, security, and reliability.”

In a separate release:

NORCROSS, Ga. and MARTINSREID/MUNICH, Germany -- ADVA Optical Networking has been certified as a network equipment provider by Spread Networks on the lowest-latency dark fiber network available between New York and Chicago, setting a new standard for trading applications. The network is of strategic importance for firms interested in connecting Chicago with the stock equity exchanges in New York. Financial institutions using the ADVA FSP 3000 Wavelength Division Multiplexing (WDM) low-latency optical transport solution over Spread Networks’ dark fiber will achieve speeds of 13.33 milliseconds on the shortest possible New York-Chicago route.

“ADVA Optical Networking has been a trusted partner for financial institutions globally since our inception more than 15 years ago, and this market represents a significant portion of our global revenue. We understand well the mission-critical network requirements of this market,” said Brian Protiva, chief executive officer at ADVA Optical Networking. “Our relationship with Spread Networks, which delivers fiber connectivity on this critical New York-Chicago trading route, shows the commitment of both companies to bringing increasingly faster networks to the financial marketplace. Our customers seek partners they can trust to deliver today, while remaining committed to the technological innovation needed to ensure their networks remain competitive over time.” Protiva continued, “The combination of Spread Networks’ shorter fiber route and ADVA Optical Networking’s low-latency technology is being well received in the industry, and the first customer deployments along the route have been proceeding well.”

In a separate release:

SUNNYVALE, Calif. -- Infinera (Nasdaq: INFN) announced today that its low latency solution has been qualified by Spread Networks as a provider for a newly built New York to Chicago dark fiber route. Round-trip latency of less than 13.33 milliseconds is guaranteed on the 825 fiber miles that Spread Networks has built specifically for financial institutions with low latency trading requirements. Infinera’s latency-optimized optical networking solution is designed to reduce the equipment drag on Spread’s dark fiber by more than 80%, when compared to conventional DWDM solutions, thanks to new technical innovations. The resulting optical network is ideal for accelerating high performance trading platforms and speeding information delivery.

“We are enthusiastic about Spread Networks’ certification of Infinera as a network equipment provider for their new low latency fiber route,” said Chris Liou, Vice President of Network Strategy at Infinera. “Spread Networks certified Infinera for its market-leading low-latency product, its commitment to ensuring the best customer experience through an extensive managed network service and support product, and its demonstrated focus on reliability and quality.”

Spread Networks

ADVA Optical Networking

Infinera Corp. (Nasdaq: INFN)

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