TLV networks launches Aurora<>350 Cermak low-latency microwave network as leader for speed and reliability providing both Market Data and capacity
CHICAGO, May 1, 2013 /PRNewswire/ — TLV networks (“TLV”) today announces the commercial launch of its ultra-low latency microwave network connecting the exchange data centers in Aurora, IL and 350 E. Cermak in Chicago. The TLV multi-channel microwave network offers both bandwidth capacity as well as market data to its customers. Network subscribers have the flexibility to choose the bandwidth amounts necessary to serve their trading needs. In addition, TLV has an MD Select product which provides key market data multi-cast feeds to their subscribers.
Jim Hughes, VP of Business Development for TLV comments that “After months of development and testing, we are extremely excited to offer market data and bandwidth products via our ultra-low latency network connecting Chicago and Aurora. Our solutions are flexible and scalable in order to serve many different types of firms. Microwave capacity in key locations is a scarce resource and these networks are extremely difficult to construct. However, the TLV Network allows any interested customer the opportunity to reap the benefits of these amazing speeds. Now everyone can access our system and affordably participate in this exciting new era of financial market exchange connectivity.”
TLV partnered with CCSI to provide turn-key network deployment services including: design, engineering, construction and testing of the system.
“We are very proud to have built a microwave network for the trading community that connects exchanges with an industry leading combination of ultra-low latency and reliability. This robust network has not experienced any of the packet-loss or uptime issues of other low latency wireless networks in the market. We designed this network for our customers to be able to receive market data feeds and exchange connectivity without concern for any of the weather conditions that have impacted the reliability of other networks during key market events,” says Mike Abbott, Director of Engineering at CCSI. He adds, “While this network is currently best in class, we are even more excited about the system upgrades that we are implementing with TLV which will significantly improve the latency without sacrificing any reliability or customer capacity security.”
About Twin Lakes Ventures, LLC.
Twin Lakes Ventures, LLC. owns and operates low-latency microwave networks connecting key financial exchange data centers. The Company offers various products over its low-latency networks including bandwidth capacity as well as multi-cast market data channels.
Callahan Communication Services, Inc. (“CCSI”) is a turn-key wireless communications service provider. The Company designs, builds, monitors and maintains industry-leading wireless communications networks for public and private enterprises throughout the Country. CCSI completes all aspects of network deployment with in-house engineering, programming, construction crews, and technical support teams.
Web site: www.tlvnetworks.com
SOURCE Twin Lakes Ventures, LLC.