AboveNet, a provider of fiber optic connectivity solutions for business and carriers, has joined the Equinix Financial eXchange community in Equinix’s (News - Alert) London-Slough (LD4) International Business Exchange (IBX) data center.

 

According to Equinix officials, AboveNet would now be able to provide direct fiber links between the company’s LD4 and its London City (LD1) IBX center, facilitating low latency access between the financial market participants operating in each of the centers, as well as other strategic partners and customers located in LD1.

 

The installation builds upon existing AboveNet deployments servicing the Equinix Financial eXchange communities located within Equinix centers in the Chicago, New York and Frankfurt areas.

 

Officials said that with speeds of 0.34ms, the new AboveNet service will enable investment firms based at Equinix’s LD4 center to benefit from near-instantaneous access to city-based trading partners, trading venues and data services.

 

Company officials said that it will also provide participants located in the city with low-latency access to Equinix Financial eXchange customers and partners in LD4.

 

“In order to minimize network latency resulting in missed trades and loss of profits, AboveNet has partnered with Equinix to provide high capacity, low latency connectivity for today’s finance firms,” said Brett Johnson, vice president of business development, AboveNet.

 

Johnson said that by joining the Equinix Financial eXchange community in London, AboveNet is providing a complete network to enable finance companies to interconnect with trading venues, market data vendors and technology utilities. This network equips them with the responsiveness and agility needed to stay ahead in this highly competitive market.

 

Equinix Financial eXchange is a community of financial market participants that locate operations within Equinix data centers in order to benefit from a high-performance, low latency connectivity infrastructure within a neutral environment.

 

“We’re delighted that AboveNet is joining Equinix Financial eXchange,” said Eric Schwartz, president of Equinix Europe.

 

Schwartz said that the addition of AboveNet’s low latency services will help provide the growing network of financial community members the fastest possible connectivity to trading venues and a critical mass of other financial market participants.