Laser-radio technology to connect US stock exchanges
AOptix, a company pioneering a combination of free space optics with millimeter wave technology, has supplied a wireless link connecting the US NASDAQ and BATS stock exchanges.
The completion of the link is part of an ongoing collaboration with Anova, a provider of low latency networks for the trading industry with the aim is to boost connectivity between financial markets.
A second 55km link expected to go live in Q3 of 2015.
The 26km long network located in the metropolitan New Jersey region was constructed using AOptix' Intellimax product. Intellimax is based on AOptix' Laser-Radio technology, a hybrid solution that combines wireless optics at 1550nm with E-band (71-76 and 81-86GHz) millimeter wave radio to deliver multi-gigabit performance and carrier-grade availability even in severe weather conditions.
Intellimax can be installed on any tower or structure, enabling the shortest, most direct route possible and lower latency than fibre, according to the company.
"The race to zero is by no means complete," said Michael Persico, founder and CEO of Anova Technologies. "With our shortest distance path between NASDAQ and BATS and AOptix' breakthrough technology, we're leveling the playing field by giving every financial institution, including those that service retail investors, access to the industries' only high-availability, low-latency wireless link."
