| [January 29, 2013] |
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Anova Technologies streamlines OptiWave fiber offering between NASDAQ and Telx TransAtlantic POP
CHICAGO --(Business Wire)--
Anova
Technologies, the preeminent financial and exchange
connectivity provider, announced its recently upgraded OptiWave
fiber path between 1400 Federal and 111 8th Ave. With
literally multiple dozens of microseconds trimmed off the round trip
latency, this is the fastest fiber connection available on that
particular route.
"We champion self-disruption," stated Michael Persico, founder and CEO
of Anova
Technologies. "Whenever there exists an opportunity to widen the latency
gap betweenourselves and our nearest competitors, we make that
investment. 1400 Federal to Telx's 111 8th Ave. is a
significant connection if you're looking to leverage liquidity,
arbitrage, hedging or trading indicators between NASDAQ and any number
of the European exchanges. Firms need access to this TransAtlantic entry
point as quickly as possible."
By utilizing Anova's upgraded path out of 1400 Federal, clients have
direct access onto the quickest ramp to the heaviest utilized
cross-Atlantic fiber gateway at Telx. Once they've landed at 111 8th
Ave., they can then tie into TransAtlantic fiber out to any number of
European exchanges, such as: the London Stock Exchange, the largest
exchange in Europe and third largest in the world, the London Metal
Exchange, the biggest non-ferrous metal market, NYSE LIFFE, the most
liquid interest rate futures and swaps exchange in Europe, BATS London,
Chi-X and others.
"We are always upgrading our network as a whole," continued Mr. Persico.
"But our clients expect us to get granular and keep each route on point
with the pursuit of the perfect path. However, this is a mere slice of
our 2013 global agenda. The next twelve months will absolutely spawn
some exciting and massive change…for our clients, the industry, and
Anova. We're on the precipice of launching the end-game solution in the
RF sphere, optimizing the majority of our fiber network and delving
heavily into the external acquisition of key assets… not just to stay
ahead of the curve, but drive its trajectory."
About Anova Technologies: Anova Technologies is exclusively
concentrated on HFT and algorithmic trading clients. Our goal is to
symbiotically implement the most up-to-date and best-in-class trading
connectivity solutions with unrivaled speed and agility. With the
fastest routes connecting the major exchanges throughout the US, Canada,
Western & Eastern Europe, and South America, Anova Technologies
consistently delivers the ultimate trifecta to its clients: speed,
accessibility and easy deployment.

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