The service expansion provides low latency routes over direct fibre access to the Tokyo Stock Exchange, the Osaka Stock Exchange, the Hong Kong Stock Exchange and the Singapore Stock Exchange.
Jim Fagan, president of managed services at the company, said with high frequency trading becoming more important in today’s market, “the race to zero has never been more critical”.
He said: “Through our lightning-fast low latency subsea fibre connectivity between Chicago and key Asian markets, Pacnet Lightning now empowers traders in Asia to trade on the CME through our fastest connections to optimise their trading gains.”
Pacnet Lightning is designed to offer low latency point-to-point connections to stock exchanges for traders and market data vendors.
It uses Synchronous Digital Hierarchy (SDH) and Ethernet technology to connect traders to bandwidth capacity of up to 1Gbps into various stock exchanges.
The service works on its dedicated Ethernet International Private Line (EIPL) circuits on the shortest cable routes of the company’s intra-Asia EAC-C2C and trans-Pacific EAC Pacific submarine cables, offering networking performance and reporting.
