GlobeNet’s Ultra Low Latency Trading Connection to Brazil Wins in Wholesale Service Innovation Category

Congratulations to Oi’s subsidiary provider of submarine capacity, GlobeNet!

Global Telecoms Business has named GlobeNet’s Ultra Low Latency Trading Connection to Brazil the winner of the Wholesale Service Innovation Category. The Global Telecoms Business Innovation Awards honor the most innovative projects of the world’s telecommunication operators and service providers in collaboration with their suppliers and vendors.

GlobeNet’s ultra-low latency trading connection to Brazil, is the fastest available to BM&F BOVESPA, was created in response to the increased customer demand to quickly access the emerging Latin American market. The route directly links São Paulo’s BM&F BOVESPA to New Jersey’s NASDAQ OMX and routes to major global exchanges such as the CME, NYSE, BATS, LSE, Deutsche Börse and Eurex. The route also creates a diverse connection that avoids the congestion of the New York City metro area and connects directly to the New Jersey NASDAQ facility through our partner’s networks; creating new express connectivity with Chicago, Toronto, London and Tokyo financial exchanges.

“GlobeNet is honored to receive this award for our Low Latency Trading Connection to Brazil’s BM&F BOVESPA,” states Erick W. Contag, Chief Operating Officer of GlobeNet. “With Brazil quickly becoming an international trading hub, the route can act as a key differentiator for financial firms requiring seamless and secure access to conduct their transactions.”

For more information on GlobeNet, please visit www.globenet.net.