RESTON, Va.--(BUSINESS WIRE)--Transaction Network Services (TNS) is now offering the fastest market data in the industry from NYSE, CBOE and Nasdaq after upgrading its network with the TNSXpress Layer 1 solution in three key New York area data centers.
TNSXpress Layer 1 uses a simple, single hop architecture that is up to 10 times faster than traditional Layer 3 architectures and delivers connectivity as low as 5-85 nanoseconds. It is now available in the NYSE data center in Mahwah, NJ, the Equinix NY4 data center in Secaucus, NJ, and Nasdaq’s data center in Carteret, NJ.
“This ultra-low latency upgrade to our network means that all TNS Managed Hosting sites now use TNSXpress Layer 1 and are deployed, hosted and managed to ensure fast, reliable and secure interconnectivity,” said Jeff Mezger, TNS’ Director of Product Management.
“TNS is rapidly expanding its managed hosting capabilities globally bringing innovative new solutions to the market and continuing its focus on offering the lowest latency solutions available,” said Mezger. “Now Layer 1 ultra-low-latency access is available for key markets, such as equities, options, futures and a range of other market data feeds from connected exchanges within the NYSE, CBOE and Nasdaq groups.”
The TNSXpress Managed Hosting solution also offers traders the benefit of TNS’ global, 125 points-of-presence footprint and extensive existing on-net connections, which includes more than 60 exchanges around the world.
“In addition, TNSXpress customers benefit from a lower total cost of ownership for managed colocation and global market data services,” added Mezger.
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. TNSXtranet connects a global financial community of more than 2,800 endpoints via our secure and resilient extranet that is monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK and Australia.
About Transaction Network Services:
Transaction Network Services (TNS) is a leading global provider of data communications and interoperability solutions. TNS offers a broad range of networks and innovative value-added services and is committed to delivering superior service and world-leading payments, financial services and telecommunications solutions to the world’s most prestigious companies.
Founded in 1990 in the US and headquartered in Reston, Virginia, TNS provides an extensive portfolio of services to customers in more than 60 countries spanning the Americas, Europe and Asia Pacific region with its reach extending to many more. For more information about TNS Financial Services offerings visit www.tnsxpress.com or go to our media center for our latest news www.tnsi.com/media-center/