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NYSE Euronext and Ciena plan to implement the first 100G network that will provide the stock exchange with both the speed and ultra-low latency needed to deliver more than 1 billion daily transactions comprising petabytes of information. The IEEE approved 100G as the next major Ethernet standard in December.
Ciena’s 100G technology will be a core infrastructure component to support the equities quotes, trades, options data and other financial transactions in the United States, Europe and globally. Ciena’s CN 4200 RS FlexSelect Advanced Services platform, capable of delivering a true 100G data stream over a single wavelength, will be the key technology supporting NYSE Euronext’s new state-of-the-art data centers in the greater New York and London metropolitan areas. The facilities are expected to be operational in 2010.
“Powering our new data centers and network with Ciena technology will help produce a clear competitive advantage for NYSE Euronext and our customers in terms of executing trades and delivering mission-critical information as well as advancing leading-edge applications such as state-of-the-art co-location facilities,” Stanley Young, CEO of NYSE Technologies and co-global CIO of NYSE Euronext, said in a statement.
Ciena won the NYSE Euronext deal after U.S. and European communications engineering teams worked for more than a year to define an architecture and select a partner to jointly define, create and deploy a leading-edge solution.
“As the traffic demands of enterprises and service providers continue to escalate beyond current network capacities, our solutions provide customers with network scalability from 1M bps to 100G bps, ensuring a flexible, simplified and operationally efficient network foundation to support a wide variety of applications and services,” Ciena’s CTO Steve Alexander said in a statement.