Seaborn Networks pairs with Anova for US to Brazil fibre connection
The new partnership is set to enable ULL trading routes for the financial vertical between the trading exchanges of Chicago and São Paulo.
Subsea fibre optic cable systems firm Seaborn Networks and Anova Financial Networks have formed an alliance to provide the first ultra-low latency (ULL) fibre connection between the financial centres of São Paulo, Brazil and Chicago, USA.
Seaborn and Anova will offer multiple ULL tiers via Seaborn’s 72Tbps submarine cable system between São Paulo, Brazil and NY/NJ USA, and Anova’s ultra-low latency microwave network connection between the Chicago Mercantile Exchange to all five sites in the New Jersey Equity Triangle, including BATS, NASDAQ, the New York Stock Exchange and Cboe Global Markets, Inc.
“Our collaboration with Seaborn is a continuation of our mission to optimise the transport between the financial liquidity centres,” said Michael Persico, CEO and Founder of Anova Financial Networks.
“In addition to providing traditional bandwidth, this new network further showcases Anova’s ability to globally deliver the fastest price and trade updates for the most vital instruments at the CME – something that is critical to market participants around the world and across a myriad of strategies.”
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The two networks will interconnect in Carteret, New Jersey, enabling a single market-leading latency connection for those interested in either bandwidth or market data.
“We are very pleased to be able to partner with Anova to offer this blazing fast Chicago-NY/NJ- São Paulo ULL path,” said Larry Schwartz, Seaborn’s Chairman and CEO.
“This is a unique opportunity for the global financial industry to achieve the lowest latencies among the leading exchanges in North and South America.”
The pair added that its customers will have the ability to contract either through Seaborn or Anova to receive the full benefit of this combined São Paulo, Brazil to Chicago, USA ultra-low latency route.
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