Anova Financial Networks, an international carrier and market data provider, announced today that it has successfully launched an end-to-end, full 10Gbps wireless solution from NY4 in Secaucus to NY11 in Carteret, a critical leg of the New Jersey Equity Triangle that connects the U.S. equity marketplace!
This platform is a first-of-its-kind, boasting a capacity-dense wireless backbone, with previous inter-exchange wireless systems topping out at 3Gbps or 7Gbps. Customers of Anova, and with its new extreme bandwidth, now have the opportunity to acquire dedicated 1Gbps services.
What do these larger increments provide? A drastic reduction in serialization delay, as well as the ability to subscribe to more symbols than ever before, allows for more strategies to utilize wireless market data and its myriad of benefits.
“There’s certainly been much ado about latency, but capacity is now becoming acutely important in a wireless system, particularly in regards to the transport of market data to away exchanges,” said Mike Persico, Founder and CEO, Anova Financial Networks. “Specifically, market volatility and ever-increasing feed sizes have rendered the traditional wireless networks incapable of handling today’s traffic, and customers are seeing the downside of that.”
In response to this nascent development, Anova has invested heavily in its proprietary wireless platform, upgrading the backbone capacity from a native 2Gbps all the way to 10Gbps on a single network, all without spectral muxing overhead or sensitive modulations and frequencies.
“At Anova, we plan to increase the capacity between these two central trading hubs to 20Gbps with a second deployment. This is truly the next generation of wireless networks: fiber-like capacity coupled with over-the-air latency,” said Persico.
Read the entire press release, here.