Trader voice provider enhances services with ultra-low latency connectivity
New York – September 20, 2011 — Sidera Networks, the premier provider of fiber optic-based network solutions, today announces its Xtreme ultra-low latency network has been selected by Flexenet, Europe’s leader in mission-critical voice trading technology and connectivity solutions for major banks and brokers.
“Brokers and traders rely on our services for fast, reliable communication solutions to the major financial exchanges,” states Chris Rose, CEO, Flexenet. “When we entered the U.S. market, it was clear that Sidera Networks was the best choice, providing us with direct connectivity and guaranteed latency, and allowing us to deliver the first-class service our customers expect from us.”
Flexenet chose Sidera because of its ability to provide direct access to key New York-based financial exchanges and its ability to rapidly provision circuits to Flexenet’s Manhattan facility. Sidera’s network solution provides Flexenet with seamless connectivity for high quality, automated trading.
“Trading services require direct, reliable, ultra fast connectivity to major financial exchanges,” said Mike Sicoli, CEO of Sidera Networks. “Xtreme is a powerful network solution designed specifically for the trading community, leveraging our team’s extensive experience supporting the financial services industry.”
Sidera Networks currently serves nearly 250 financial institutions and provides connectivity to 30 of the world’s leading financial exchanges across its network footprint.