ICE Connects Chicago and Tokyo09.07.2017
Intercontinental Exchange to Provide Wireless, Ultra-Low Latency Connectivity Between Chicago and Tokyo With Go West Network
ATLANTA & NEW YORK, September 7, 2017 – Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, and Go West, a consortium of leading global trading firms collaborating to create efficient access to global financial markets, will offer ultra-low latency wireless connectivity between markets in Chicago and Tokyo. When the Go West service is launched in the fourth quarter of 2017, ICE’s Secure Financial Transaction Infrastructure (SFTI®) wireless networks will offer the most extensive ultra-low latency network connectivity solutions among the New York, Chicago, Toronto and Tokyo metro areas.
“We’re excited to add Go West’s key Chicago to Tokyo route to our growing range of connectivity options,” said Jonathan Reeve, Global Head of Connectivity and Consolidated Feeds at ICE Data Services. “As the demand for data capacity, speed and security increases, Go West extends our network’s geographical reach and offers a new alternative for customers that require ultra-low latency connectivity between North American and Asian markets.”
The Go West network was created by a consortium of several of the world’s leading trading firms to generate efficient access to global financial markets by offering the lowest latency route between Chicago and Tokyo. The network utilizes a system of wireless towers, fiber-optic lines and submarine cables to connect Chicago and Tokyo. The agreement with Go West will add one new wireless network to ICE’s ultra-low latency connectivity services, including the SFTI Wireless New Jersey metro network, powered by Anova, and the Atrium wireless network, which ICE acquired in May 2017, offering one of the lowest latency networks between the New Jersey, Chicago and Toronto metro areas.
SFTI Wireless is part of ICE Data Services’ connectivity service, which offers highly secure, low latency networks, global colocation, and the SFTI Direct Market Access network of over 150 venues and 600 market data and news feeds. ICE Data Services also provides access to 450 normalized real-time market data feeds through the ICE Consolidated Feed.
For more information about SFTI Wireless, please visit: https://www.theice.com/market-data/connectivity/sfti-wireless.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) is a Fortune 500 company that operates a leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.
Richard Turner of Insight Investment sees more automation and more transparency around cost and outcomes.
Different systems, each powered by infrastructure that suits their own requirements, should be interoperable.
The route connects the B3 colocation facilities in Sao Paulo with the Nasdaq data center in Carteret, NJ.
'Shortwave as a Service' provider says its speed is the new benchmark for latency between exchanges.
Aim is to provide a 'one-stop shop' for options trading.