NYSE Euronext Teams with Ciena To Implement 100G Network

NYSE Euronext has announced plans to implement a new 100G high-speed, ultra-low latency trading and market data network.

The project is part of the exchange operator’s major data center upgrade project in New York and London and will be built with network specialist Ciena.

Ciena’s 100G network will be the backbone for the exchange’s new data centers in London and New York, which are slated to be operational by next year.

In a statement, Stanley Young, CEO of NYSE Technologies and co-global CIO of NYSE Euronext, said, “It is critically important for NYSE Euronext, in our dual role as an exchange operator and technology company, to ensure a technology and operational infrastructure of the highest quality and integrity, and to provide the highest levels of speed and capacity, lowest latency and maximum flexibility.”

He added, “Powering our new data centres and network with Ciena technology will help produce a clear competitive advantage for NYSE Euronext and our customers in terms of executing trades and delivering mission critical information as well as advancing leading edge applications such as state-of-the-art co-location facilities.”

The new data centers are part of the Secure Financial Transaction Infrastructure and will serve as operational hubs for more than one billion transactions daily.