Anova Technologies new market data feed is available via ultra-low latency wireless or optimized low latency fiber and went live on September 2, 2014.
Clients accessing the data through ultra-low latency wireless will benefit from the markets fastest sub-185s speed, recently achieved through path and equipment improvements, according to an Anovapress statement.
The Anova feed delivers raw data that can be partitioned as needed into discrete multi-cast channels such as NYMEX, COMEX, CME and CBOT prices. It is unencumbered by a specific API, which means that clients have a greater degree of control in normalizing the data. Anova says that although the route is currently using legacy millimeter wave, the data firm has begun to retrofit the equipment with the AOptix ULL-3000 radios and in order to deliver what it call near perfect availability.
Clients of the Anova feed will be able to bundle execution connectivity at sub-185s with the raw feeds. The companys recently installed proprietary end-point termination devices give subscribers the flexibility to order bandwidth in increments of 10Mb – 100Mb with only nanoseconds of overhead and an advanced queuing platform not found on other FIFO or round-robin systems.
Most network providers use off-the-shelf equipment to mux/demux bandwidth. The issue is that these commercially-available systems just arent sufficient for Anovas or our customers needs. Thats why weve invested in building our own platform to handle this critical aspect of connectivity. It also gives us full control over the latency stack – its proprietary technology all the way to the client handoff,said Michael Persico, founder and CEO of Anova Technologies.
he added, Because of that, our sub-185s measurement is from client port to client port. Its the fastest known connection.
Initially offered out of the Chicago Mercantile Exchange to 350 Cermak, the location of what is called the worlds largest data center, Anova will expand its market data offering to each of the other major exchanges throughout 2014 and 2015.
