Deutsche Börse Systems expands its communications network, which links clients across the globe to the electronic trading, clearing and settlement systems with a new connection technology. From the end of May, dark fiber connections will be used between clients and Deutsche Börse access points. Dark fiber connections are fiber-optic connections used exclusively and offering a virtually unlimited bandwidth which will be made available to Deutsche Börse Systems at a large number of client locations in Frankfurt, London, Paris and Amsterdam by provider euNetworks.
The ever-increasing volume of data in electronic stock exchange trading is prompting higher demands with respect to bandwidth and the minimum possible latency. Deutsche Börse Systems quadrupled the bandwidth of the Eurex and Xetra trading systems in December 2006 and introduced the optional 2Mbit/s and 1 Gigabit/s connection types for Xetra in April. Dark fiber will allow such upgrades to be implemented much faster in future.
“Our cooperation with euNetworks puts us in a position to realize changes requested by our clients within a very short time span. This represents a further step in the constant optimization of the latency and efficiency of our infrastructure,” said Michael Kuhn, CIO of Deutsche Börse.
“We are delighted to have been selected by Deutsche Börse for this exciting project which will see Deutsche Börse and euNetworks connecting and rolling out services to numerous of financial institutions on dedicated fiber networks. euNetworks, as the owner and operator of one of Europe’s highest capacity networks, was uniquely positioned to provide the density of fiber required enabling the Deutsche Börse and the financial services sector with the redundancy, security and resilience demanded“, said Noel Meaney, Chief Executive Officer, euNetworks.
About Deutsche Börse Group
Deutsche Börse Group is a leading service provider to the global securities industry with products and services for issuers, investors, intermediaries and data vendors. The Group covers the entire securities process chain from trading over clearing all the way to settlement and custody. Deutsche Börse Group is also a provider of IT solutions and an insourcing partner for the global securities industry as well as a leading provider of market data and analytics. Deutsche Börse Systems is a subsidiary of Deutsche Börse AG. It maintains the world’s largest exchange network and builds, maintains and operates all of Deutsche Börse Group’s trading, clearing and settlement systems including Xetra and Eurex. With its high performance network, the Group connects some 2,000 market participants worldwide.
About euNetworks
euNetworks owns and operates one of Europe’s highest capacity fiber networks and provides mission critical communication infrastructure and services to large corporates, carriers, and service providers. Constructed at a cost in excess of €1.3 billion, euNetworks all-fiber optic network uniquely combines ‘long-haul’ inter-city network linking Europe’s largest economies, with high density ‘last-mile’ metropolitan fiber networks in 15 of Europe’s leading cities. euNetworks was recently awarded the prestigious title of “Best New Entrant” by leading telecommunications publication, Capacity Magazine. The award was granted to euNetworks following their acquisition of a pan European fiber network thus extending their unique proposition of delivering private fiber networks – an offering the judges felt is of immense value to large Corporates and carriers alike. euNetworks, a member of the Global Voice Group, is headquartered in Frankfurt, publicly listed on the Singapore stock exchange (SGX: H23.SI). For further information please visit www.euNetworks.com.