Mississippi-based Telecom provider Spread Networks LLC said it has reduced the latency on its low-latency wave service between Chicago and all endpoints in New Jersey to below 14.75 microseconds, with measured performance of 14.6 milliseconds.
The current SLA (service level agreement) clocks in at 15.75 milliseconds roundtrip. The new SLA is effective today and is the lowest latency of any available network service between New Jersey and Chicago, excluding Spread Network’s own dark fiber service, the company said. The latency is identical from Chicago to all four of Spread’s New Jersey endpoints.
Spread Networks’ low latency service has endpoints in Carteret, Secaucus, Newark and Weehawken, N.J. and offers one and ten gigabit wave service, with each customer receiving a dedicated wavelength, so there is no shared bandwidth, the company explained.
Spread Networks’ low latency wave service is a fully managed and secure point-to-point Ethernet service designed for enterprise customers that value low latency connectivity between the nation’s largest financial centers in New York and Chicago. The wave service complements Spread Networks’ flagship 13.33 millisecond roundtrip dark fiber network service.
“Spread Networks is committed to continuous improvement of our products and services,” commented CEO David Barksdale in the release. “While our wavelength service was already the fastest in the market, by reducing the latency of this service even further, we have demonstrated that commitment. The only other service of any kind that is faster than our low latency wavelength service is Spread Networks’ own dark fiber network service.”
Spread Networks’ low latency service has endpoints in Carteret, Secaucus, Newark and Weehawken, NJ, and offers one and ten gigabit wave service, with each customer receiving a dedicated wavelength, so there is no shared bandwidth.
Aimed at electronic trading firms, this service is also targeted at brokers, market data vendors, exchanges, ECN and alternative trading systems (ATS) that value low latency. The network is monitored by a dedicated customer service team and backed by a competitive service level agreement.
In addition to its wave service, Spread Networks offers its flagship private dark fiber service that is the benchmark for ultra low latency connecting New York and Chicago in less than 13.33 milliseconds roundtrip. To build this network, Spread Networks is trenched a long-haul route on the shortest possible path connecting these two financial centers, according to the company in its release.
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio