October 9, 2013

SFTI Optic Improvement - Lowest Latency

NYSE Technologies continually invests in the SFTI backbone and is pleased to announce that by the end of this year, SFTI's Optic latency will improve 26-44% on the following critical paths: Mahwah to Weehawken and Mahwah to Secaucus.

For customers located in both locations, SFTI will also offer 1G and 10G low latency optic connections between Secaucus and Weehawken, enabling customers to use existing SFTI ports and the high availability backbone as an alternative to carrier circuits. Further updates will be announced, but any customers interested in becoming a beta customer should email us at technologies-salesteam-us@nyx.com. 

40G Backbone Upgrade

Increasing volumes and capacity management are about to make SFTI an even larger network than it is today.  We are in the process of upgrading key US backbone paths from 20G to 40G, and at the same time, SFTI has secured lowest latency circuits on three critical paths: Mahwah to Weehawken. Mahwah to Secaucus, and Secaucus to Weehawken.

The backbone upgrade should be transparent to existing customers and is expected to complete by late 4th quarter of 2013. Further updates will be coming soon.

New SFTI Venues and Content

Are you looking for access to FX, Fixed Income, Derivatives, or international venues over SFTI? SFTI is in the process of adding new destinations to the network.  Notable recent additions include Currenex, FXCM, Integral FX, ICE, Bursa Malaysia, and the Brazilian Futures Exchange. We offer competitive prices and are pursuing additional venues, which can be viewed on the  Content Service Provider interest form.

Industry Trends - Data Center Moves and Market Data Changes...A Headache?

Exchanges are constantly moving their data centers, and we see this as a continuing trend based on the following:

• Liquidity
• Exchanges in the equities space have all moved to the New Jersey area, with the majority of liquidity now concentrated in three data centers. 
• Remote Disaster Recovery
• Some exchanges were operating their disaster recovery sites in New Jersey, the same state as their main data center, but now have their DR elsewhere.
• Mergers 
• Usually, as part of a merger, exchanges combine their infrastructure into a single set of data centers to realize some cost savings.

Despite this constantly moving landscape, NYSE Technologies' SFTI customers are shielded from this upheaval and able to maintain the same connections regardless of matching engine locations.  NYSE Technologies works directly with those exchanges to maintain connectivity when these transitions are happening, which prevents the hassle of ordering and cancelling connectivity.

On the market data front, exchanges will continue to make changes to their market data feeds, some more significant than others.  Whether it's driven by the trend away from FAST towards binary or consolidating to a single market data platform as a result of mergers, as newer market data feeds come online, the bandwidth of those feeds usually grows and requires customers to upgrade ports and circuits.  If a NYSE Technologies' customer has the bandwidth on its SFTI port, then it is just another entitlement.  The old service can be removed after they cut over to the newer version of the feed.

We look forward to continued expansion of your SFTI connectivity. 

Sincerely, 

NYSE Technologies