The London Stock Exchange (LSE) is to offer a wireless communication link between its City of London data centre (DC) and the Equinix London data centre campus in Slough, which is located near to the UK capital and houses many co-location clients, execution engines and trading participants.
The microwave link between the LSE’s in-town data centre and the much larger Equinix facility in Slough, UK, will cut the latency between the locations and extend the number of clients able to connect quickly with the LSE’s trading platforms, potentially extending its customer base and volumes during a tough time for equities platforms.
The link relies on innovative millimetre-wave technology and offers a total capacity of 1G for clients to utilise. It is estimated to be 30% faster than a comparable fibre optic-based connectivity option would be and is due to go live in November 2013. The telecommunications specialist NexxCom Wireless is responsible for the installation.
The new service is the only directly connected wireless service into the LSE DC and does not rely on a shared microwave network, increasing capacity. Performance will be enhanced via an optimised path, claim the partners, which in technical terms means there will only be a 3% deviation between the LSE and the Equinix London Slough facility when it opens in November, almost providing a direct ‘line-of-sight’ service with associated speed.
Commenting on the new connectivity option, Nigel Harold, head of IT business development at LSE, said: “This initiative underlines London Stock Exchange’s commitment to developing innovative products based on new technologies. It enhances opportunities for customers seeking low latency data and trading solutions.
“Through the use of millimetre technology, a wireless communications link will allow participants to more efficiently manage activity across multiple venues,” he explained. “This service highlights how our markets and products are constantly moving forward, developing and evolving with advancing technology.”
The use of millimetre-wave technology, which is being implemented in collaboration with telecommunications specialist NexxCom Wireless, allows customers to benefit from higher bandwidth capacities, when compared to shared microwave networks, says the LSE, and latency reductions of over a third are possible when compared with some fibre-optic links.
NexxCom Wireless is a broadband wireless equipment and solutions business with a technology focus on system latency and expertise in building networks where latency performance is critical. The LSE will reply on its partner’s expertise to ensure a successful launch next month.
By Neil Ainger