Spread Networks Launches New NYC-Chicago Low Latency Network
Spread Networks, LLC announced the launch of a new dark fiber private network with round-trip latency of just 13.33 milliseconds for the 825 mile New York to Chicago route.
This completely new route has been in development for the last three years. The new private network enables Spread Networks customers to achieve “clean speed”, with data running as close as possible to the true speed of light through fiber, since there is no drag from traditional telecommunications offerings.
“Spread Networks has established the competitive standard for trading latency between these two important financial centers,” said Spread Networks CEO David Barksdale. “Financial firms looking for increased bandwidth to move large volumes of data with maximum efficiency will turn to Spread Networks to provide the most efficient, private dark fiber network available today.”
The company made the announcement during the SIFMA conference in New York City. Spread Networks, LLC is a privately owned telecommunications provider based in Ridgeland, Mississippi. The company's management team includes Jim Barksdale, Chairman and President of Barksdale Management Corporation and former CEO of Netscape and AT&T Wireless as Chairman; Dan Spivey, former trader and market maker at CBOE as President and Founder; and Murray White, former Head of Strategy and Business Development for NYSE Technologies, as Executive Vice President, Market Development.