ICE to Provide Reduced Latency Data Routes between US and Europe

Intercontinental Exchange (ICE) has announced plans to offer ultra-low latency data between markets in the US and Europe. The trans-Atlantic data service offers a new route that removes significant latency and optimizes costs for investors utilizing the development. The ICE Global Network will also be expanded by the service, providing connectivity and managed services to the most active US, European and Asian marketplaces. A system of wireless networks on each continent will be combined by the solution, with high-speed transatlantic fibre to connect US and European markets. The offering allows market participants to work with a single vendor enabling operational challenges linked to building and supporting a global end-to-end market data solution to be simplified. The initial route available will transport market data Eastbound from Illinois to various locations across the London Metro Area and Europe, including Frankfurt and Bergama. ICE stated that it plans to launch more hybrid routes – both Eastbound and Westbound – between Europe and the US at a later stage.