NTT Communications and CME Group Collaborate on Ultra-Low Latency Gateway for Transpacific Financial Trading
Joint Efforts Combine NTT Communications’ Arcstar Managed Network Solution and CME Group’s Co-Location Facility to Create Ultra-low Latency Gateway to Asia
NEW YORK & CHICAGO, Oct 10, 2011 (BUSINESS WIRE) — NTT America, a wholly owned U.S. subsidiary of NTT Communications Corporation (NTT Com), and CME Group, the world’s leading and most diverse derivatives marketplace, today announced NTT Com will provide its ultra-low latency Arcstar solution for CME Group’s western Chicago suburb co-location data center which will allow CME Co-Location Services customers premier access to the Asian markets.
While a variety of factors including throughput, bandwidth and availability impact financial markets, ultra-low latency access is vital for the near instantaneous response rates necessary for applications such as high frequency trading (HFT). Network services providers must deliver predictable, consistent and high performance network access and collaborate with trading platforms that offer co-located data centers to improve market participants’ ability to execute and alter trading strategies in real-time. NTT Com’s solution will provide CME Co-Location Services customers an ultra-low latency gateway for transpacific financial trading that will meet the demands of HFT.
Both companies will be exhibiting at the 27th Annual Futures & Options Expo (FIA), October 10-12, 2011 in Chicago. FIA is the largest futures industry event in the world with more than 5,000 attendees from more than 30 countries. NTT Com’s booth number is #227.
NTT Com’s Arcstar Key Highlights
— An integrated offering leveraging NTT Communications’ global data centers and ultra-low latency networks to support high frequency trading and other low-latency applications platforms for financial institutions
— Layer 1 (STM/Ethernet) end-to-end high performance private network connection between New York, Chicago, London, Hong Kong, Singapore and Tokyo
— Fastest route between USA and Japan over NTT-owned PC-1 international undersea cable
CME Co-Location Services Key Highlights
— Comprised of hosting, connectivity and support services, will officially launch for trading on Sunday, January 29, 2012
— New data center facility provides low latency connection to the CME Globex Electronic Trading Platform
— A purpose-built, high density data center optimized for electronic trading
— Equidistant cross connects ensure location neutrality for all customers
— Carrier-neutral, open access telecommunications policy provides for flexibility
“Our commitment to our customers is to allow them to be as competitive as possible while managing risk and incorporating high performance while providing them with reliable network access,” said Kevin Kometer, Chief Information Officer, CME Group. “We are pleased that NTT Communications has selected the CME Group co-location facility to build the low latency gateway to Asia. NTT Communications’ Arcstar solution, together with CME Co-Location Services and CME Globex electronic trading platform gives our customers an added advantage in the marketplace.”
“We are pleased to be working with CME Group and leveraging our global networking expertise and assets with our Arcstar managed network service,” said Michael C. DeVito, vice president of Enterprise Solutions, NTT America. “As a leader in their industry, we are confident that NTT Communications’ solution will meet the demanding needs of CME Group and their customers with proven technology and performance guarantees.”
source: NTT Communications.
About CME Group
As the world’s leading and most diverse derivatives marketplace, CME Group ( http://www.cmegroup.com ) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing providers, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.
About NTT America
NTT America is North America’s natural gateway to the Asia-Pacific region, with strong capabilities in the U.S. market. NTT America is the U.S. subsidiary of NTT Communications Corporation, the global data and IP services arm of a Fortune Global 500 telecom leader: Nippon Telegraph & Telephone Corporation (NTT). NTT America provides world-class Enterprise Hosting, managed network, and IP networking services for enterprise customers and service providers worldwide. For additional information on NTT America, visit us on the Web at http://www.us.ntt.com .
About NTT Communications Corporation
NTT Communications provides a broad range of global networks, management solutions and IT services to customers worldwide. The company is renowned for reliable, high-quality security, hosting, voice, data and IP services, as well as expertise in managed networks and leadership in IPv6 transit technology. NTT Communications’ extensive infrastructure includes Arcstar Global IP-VPN and Global e-VLAN, as well as a Tier 1 IP backbone reaching more than 150 countries in partnership with major Internet service providers, and secure data centers in Asia, North America and Europe. NTT Communications is the wholly-owned subsidiary of Nippon Telegraph and Telephone Corporation, one of the world’s largest telecoms with listings on the Tokyo, London and New York stock exchanges. Please visit http://www.ntt.com/index-e.html .
CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at http://www.cmegroup.com .
NTT, NTT Communications, and the NTT Communications logo are registered trademarks or trademarks of NIPPON TELEGRAPH AND TELEPHONE CORPORATION and/or its affiliates. All other referenced product names are trademarks of their respective owners. (C) 2011 NTT Communications