LSE upgrades connectivity options with TNS ultra-low latency solution
Transaction Network Services (TNS) has installed its ultra-low latency TNSXpress Layer 1 solution at the London Stock Exchange (LSE) colocation facility.
This development means that LSE traders can now leverage speeds of between 5-85 nanoseconds thanks to the unique single hop architecture that the TNSXpress Layer 1 solution uses. This infrastructure is up to 10 times faster than traditional Layer 3 architectures.
The TNSXpress Layer 1 solution combines with TNS’ Managed Hosting service to enable LSE traders to take advantage of the full range of colocation benefits available at the LSE data center. In addition, TNS has become a registered data vendor for LSE, taking the total number of European market feeds it can now offer to 38, including 20 equities market data feeds.
“We are delighted to be supporting the LSE and its traders,” says Bill Versen, TNS’ Chief Product Officer. “As we roll out our Managed Hosting and Layer 1 solutions, we look forward to helping traders that need to trade as fast as possible adopt the ultra-low technology that is now available.”
Working with TNS gives traders access to a global, 125-strong point-of-presence footprint, over 2,800 financial community endpoints and more than 60 exchanges around the world. Managed hosting and colocation customers can also benefit from a lower total cost of ownership over standard ‘build your own’ options.
Specifically designed and engineered to address the needs of financial market participants worldwide, TNS offers a range of connectivity, colocation, cloud, market data and VPN solutions. In 2020, TNS celebrates 30 years of being a worldwide provider to global companies in the most mission critical industries. TNSXpress, the company’s infrastructure as a service (IaaS) managed colocation platform, includes the unsurpassed ultra-low latency Layer 1 connectivity technology and robust global market data services. TNS’ solutions are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK and Australia