TNS elevates market data services with 100 Gbps network upgrade for OPRA

Rick Steves

Transaction Network Services enhances its network infrastructure to provide robust and uninterrupted market data flow with the latest 100 Gbps support, setting a new industry benchmark.

Jeff Mezger of TNS

Transaction Network Services (TNS) has announced a significant enhancement to its network capacity with the introduction of multiple 100 Gbps circuits, a strategic move designed to support the Options Price Reporting Authority (OPRA) expansion.

This upgrade is set to manage the anticipated increase in market data volume following OPRA’s transition to a more extensive multicast network. TNS, known for its ultra-low latency dark fiber backbone, assures comprehensive coverage and efficient management of US equity options market data.

“As market leaders for US equity options exchange data feeds…”

The company’s network infrastructure is not only built to handle current data volumes but also to scale seamlessly with the future addition of new market data feeds. By leveraging its high-bandwidth capabilities, TNS can facilitate cost-effective and reliable market data delivery for customers, positioning itself as a leader in market data solutions.

Jeff Mezger, TNS’ Vice President of Product Management for Financial Markets, said: “As market leaders for US equity options exchange data feeds, TNS’ upgraded network capacity underscores our commitment to uninterrupted market data. This enhancement not only ensures exceptional performance for OPRA data flow but also marks a significant milestone in our dedication to providing superior connectivity and cost-savings for our customers.”

The network upgrade aligns with TNS’ history of delivering cutting-edge infrastructure, ensuring that its clients receive market data without disruptions. The 100 Gbps network support is a testament to TNS’ investment in state-of-the-art technology, ensuring their infrastructure is future-proofed and capable of accommodating the ever-growing demands of the financial markets.

TNS services cover connectivity, colocation, cloud, market data, VPN

TNS stands out with its extensive financial community network, connecting over 5,000 endpoints globally, backed by a substantial presence in key locations.

Designed to meet the rigorous demands of financial market participants, TNS provides a suite of IaaS solutions, including connectivity, colocation, cloud, market data, and VPN services. These offerings are meticulously monitored around the clock by TNS’ Network Operations Centers located across various continents.

The company’s commitment to enhancing market data services is evident in its approach to network design, prioritizing both current needs and future market trends. By visiting TNS’ website, customers and interested parties can gain further insights into the advanced solutions and benefits provided by TNS’ upgraded network infrastructure.

Read this next

Retail FX

Revolut eyes Big Four auditor as board frustrated by BDO remarks

British fintech firm Revolut is reportedly considering a change in its auditing firm following a warning in its last annual accounts, as audited by BDO.

Institutional FX

Börse Group’s 360T taps Virtu for TCA and trading analytics

Virtu Financial and Deutsche Börse Group’s FX platform, 360T, have teamed up to improve the foreign exchange trading experience for their clients.

Digital Assets

Bybit Surpasses 20 Million Users Milestone Ahead of 5-Year Anniversary

Celebrating its 5th anniversary in December of this year, Bybit announced that it has surpassed 20 million registered users, highlighting its growth and position in the industry.

Digital Assets

Changpeng Zhao leaves Binance.US as SEC ramps up scrutiny

Changpeng ‘CZ’ Zhao has resigned from his position as chairman of the board for Binance.US, distancing himself from the governance of the American division of the cryptocurrency exchange.

Digital Assets

M2 granted full license to operate multilateral trading facility in UAE

Cryptocurrency exchange M2 has been approved as a fully regulated Multilateral Trading Facility (MTF) and custodian, now authorized to engage with UAE retail and institutional clients.

Digital Assets

Court approves Voyager’s $1.65 billion settlement with FTC

A New York federal judge has given the nod to a settlement that holds Voyager Digital and its former CEO, Stephen Ehrlich, accountable for misleading investors about the safety of their funds.

Retail FX

Financial Safety First: Why Regulated Brokers Are Your Best Compass

Picture yourself on the brink of the expansive financial trading universe, poised and ready to jump. But what ensures your descent into this financial abyss is controlled and secure? The unspoken hero here is regulation. It serves as a safeguard, setting rules and standards that help you navigate the market with a greater sense of security and less risk of unforeseen losses.

Industry News

Obituary: Campbell Adams, founder of ParFX and Pure Digital, passes away

Campbell Adams’ pioneering spirit and his contributions to the development of the FX industry as well as the digital asset trading space will be remembered and valued by industry peers and the broader financial community.

Inside View

Will Europe lead the way in crypto derivatives market structure?

The envisioned future market structure aims to provide direct access to regulated venues, offering 24/7 trading, lower initial margin requirements, and efficient risk management through remote custody agreements. This model is not just about addressing the current challenges but is also geared towards leveraging the best practices from the crypto markets.

<