Microwave solutions increasing importance in low latency trading

Paris, France 12 July 2013. Apsara Networks, Inc has selected the latest Fair Bandwidth Management (FBM) solution from Enyx to enhance its specialist low latency Radio Frequency (RF) networks operating within the NY/NJ Metro area at key financial venues. 

The Enyx FBM solution provides Apsara electronic trading community clients with   bandwidth and ultra-low latency connectivity.  The appliance employs a unique traffic policing system to prevent user data from impacting other users or user performance.
 
The selection was made after several months of technical due diligence involving Apsara’s employees and customers.

Advancements in microwave technology have increased connection speeds for the financial services industry with latency sensitive trading firms and exchanges increasingly viewing microwave technology as a way to achieve microsecond advantage over their rivals.

“Microwave and Millimeter Wave technology is quickly gaining acceptance, in the trading community,” says Ravi Jeyaratnam, President at Apsara Networks. “In three years, I expect most arbitrage trading will be done using radio frequency connections.” He added “We are delighted that Enyx FBM will support Apsara’s entire offering for RF services at key financial venues in the NY/NJ metro market to enable this progress”.
 
Arnaud Derasse, CEO of Enyx said “Enyx is proud to be providing Apsara with an innovative solution to deliver fair bandwidth management to their clients”.
 
Enyx provides a state of the art FPGA solution deploying a specialist 1U appliance on each end of the wireless link. Delivered as a standard network product the FBM easily fits in an existing infrastructure and offers web and SNMP based tools to provide constant monitoring of the wireless link health.

About ENYX, SA
Enyx is a leading developer and provider of proprietary ultra-low latency technology and solutions, primarily for trading. Enyx’s FPGA and Fair Bandwidth Management products deliver the next generation of cutting-edge technology, while also remaining accessible and flexible. Enyx provides both off-the-shelf solutions and bespoke solutions and also assists in the integration and deployment of its platforms into the customer’s infrastructure. Enyx’s clients include market data vendors, investment banks and investment funds. 

About Aspara
Apsara Networks is a leading provider of Metro Area Millimeter and Microwave Services to the electronic trading community with market leading low latency routes between several key financial venues and liquidity centers.