Michael Persico, founder and CEO, Anova Technologies
"Whenever there exists an opportunity to widen the latency gap between ourselves and our nearest competitors, we make that investment."
Anova Technologies has announced its recently upgraded OptiWave fiber path between 1400 Federal and 111 8th Ave.
The company says that by utilizing Anova's upgraded path out of 1400 Federal, clients will 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 fibre out to European exchanges, such as: the London Stock Exchange, the London Metal Exchange, NYSE LIFFE, BATS London, Chi-X and others.
"We champion self-disruption," stated Michael Persico, founder and CEO of Anova Technologies. "Whenever there exists an opportunity to widen the latency gap between ourselves 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."