AboveNet Communications UK Ltd., a provider of fibre optic connectivity, has completed a private managed Ethernet network for BATS Europe.
AboveNet has implemented a low latency, highly resilient fibre tool for BATS Europe to use as core connectivity between two of its key sites in London. The provision of a very high speed, secure link over AboveNet’s wholly-owned fibre network is fundamental to BATS Europe’s platform, which gives investment firms a MiFID-compliant alternative for conducting core trading business.
“Delivering a low-cost, high speed platform is at the heart of our offering, and AboveNet’s private fibre optic service is helping make that happen by supplying resilient connectivity between our key locations,” says Mark Hemsley, CEO, BATS Europe. “This network enables us to provide constant, duplicated live feeds for the cross-referencing and compliance our clients need.”
“Our experience in the finance and trading sector and the durability and capacity of our network has given BATS Europe the mission-critical connectivity it requires,” says John Donaldson, managing director, AboveNet. “The ability to conduct transactions in sub-millisecond timeframes backed up by an advanced networking infrastructure will be attractive to clients in the U.K. and beyond.”
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