One of the world’s leading exchange groups will implement high-speed, ultra-low latency trading and market data network
AboveNet to Provide NYSE Euronext with High Bandwidth, Low-Latency Networking Solution
NEW YORK, July 21 -- AboveNet, Inc.,(NYSE: ABVT),a leading provider of high-bandwidth connectivity solutions, announced that it is working with NYSE Euronext (NYX) to build fiber optic networks connecting NYSE Euronext’s new data centers being built in the greater New York and London metropolitan areas.
NYSE Euronext will provide the industry-leading speed and low latency necessary to facilitate the processing of quotes, trades, market data and other financial transactions in equities and options from customers around the world. Designed to serve as the company’s operational hubs handling several billion transactions per day, the new data center facilities are expected to be operational in early 2010. AboveNet is well positioned to assist in the provision of highly efficient access to the state-of-the-art co-location facilities in these new data centers through AboveNet’s extensive fiber network.
Bill LaPerch, President and CEO of AboveNet said, “We have worked collaboratively with the NYSE to design a world-class, state-of-the-art fiber network. This network will be the platform that allows this vital financial exchange to offer leading-edge capability to all of their constituents. We are proud to be part of this effort.”
"NYSE Euronext is committed to building the best and most-advanced network for accessing our new data centers in the U.S. and the U.K. ,” said Andy Bach, Senior Vice President, Communications, NYSE Euronext. “Working with AboveNet, we will implement a highly optimized optical network offering minimal latency to and from our data centers while maintaining superior route diversity. This will ensure that we continue to provide the lowest latency, highest-capacity access for our customers now and in the future."
For more information about AboveNet, Inc., go to www.above.net
About AboveNet, Inc.
AboveNet provides high bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among 15 top U.S. metro markets and London , UK . Its network is widely used in demanding markets such as financial services, media, health care, retail and government.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca and NYSE Amex -- represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's reference document for 2008 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
(for media only)
MaryBeth Nance, Exec Dir Business Development & Marketing, AboveNet, +1-571-262-2865, firstname.lastname@example.org
Eric Ryan, Manager, Media Relations, NYSE Euronext, +1-212-656-2411, email@example.com