Anova Technologies Unveils the Lowest Latency Trading Route in the U.S.

Anova Technologies, a newly-formed technology provider, is already transforming the financial industry by offering the fastest Chicago to New York/ New Jersey trading route in the U.S. to date, with a round trip time of 17.2 m/s.

Chicago, IL (PRWEB) April 24, 2009 — In the electronic world of algorithmic trading, a single millisecond is often the difference between profit and loss. Anova Technologies, which was founded on the premise of bringing best-of-breed technology to all market participants, is now offering an industry leading, low-latency solution that bridges the two US financial hubs of Chicago and New York.

Previously, the standard trading route took 21.2 m/s. Anova Technologies is now offering a significantly higher speed route dubbed “The Redline”, which has been measured at a round trip time of 17.2 m/s. This results in a reduction of trading and strategy latency of up to 4m/s. With 1G and 10G wave circuits offered, Anova ensures the most advanced communications for their bandwidth-intensive trading clients.
Founder of Anova, Michael Persico said, “When Anova first launched, we promised unparalleled speed to the markets and that is what Anova has, and will continue to deliver. We believe ‘The Redline’ is a significant stride for the trading industry and, with a savings of 4m/s our clients are supplied with that unmatched speed needed to get trades filled before the rest.”

“The Redline” connects the two of the most utilized financial industry collocation centers in the U.S. from Equinix at 350 E. Cermak, Chicago to NASDAQ at 1400 Federal, Carteret, NJ and has an actual measured latency of 17.2 m/s gateway to gateway along with a guaranteed wavelength latency of 17.9 m/s. A second East Coast collocation facility is scheduled to come online in late Q2 at 300 East Blvd in Weehawken, NJ.
Persico continues, “By offering this high-speed connection from New York to Chicago, Anova is bridging the long-distance East Coast/Midwest gap, making inter-exchange, trade and arbitrage execution faster than ever. Anova promised to offer tomorrow’s technology today and ‘The Redline’ fulfils that promise.”

About Anova Technologies: Anova is a specialized network provider with an all-encompassing pursuit that centers on fusing the next-generation of advanced technologies with conventional business utility. Seismic shifts in telecommunications, messaging and networks occur constantly. Anova exists purely to help firms capitalize on these pioneering trends … today. Our expertise has been honed over decades of building the fastest trading connectivity on the planet, but our experience is truly applicable across industries. Additional information can be found at http://www.anova-tech.com.

For more information contact: Eva Knapp, Marketing Coordinator (312) 540 – 9594 ext 103

Anova Technologies Launches, Offering Trading Technology Services and Unparalleled Speed to the Markets

Based out of Chicago, Anova Technologies has just launched as the leading provider of IT for the
financial services industry, ensuring the highest network efficiency available today.

Chicago, IL (PRWEB) March 5, 2009 — Michael Persico, former owner of Tekom, Inc., has founded another
technology consulting firm, this one focused on the creation of customizable networks for the trading industry. Anova Technologies promises to achieve the lowest latency trades on the planet with services revolving around exchange proximity hosting, hardware acceleration and bandwidth optimization techniques.

“With the volatility of today’s markets, high-speed connectivity and messaging could mean the difference
between winning and losing a trade. Anova offers the next-generation of fully customized networking systems to provide our clients with the speed they need to get filled every time”, said Persico.

With innovation at the core of the new firm’s philosophy, Anova sets forth to build mission and business-critical systems for organizations in every stratum of the financial industry. Other advanced solutions from Anova include cloud & grid computing, which involves dynamically scalable and often virtualized resources provided as a service over the Internet, high-velocity algorithmic trading network build outs, complex event processing (CEP) and 24×7 real-time monitoring and support.

Persico continues, “Trading has truly evolved into an electronic arms race and, given the extraordinary capital
and personnel requirements, one such that only a small handful of firms are even able to participate. Anova exists to bridge this gap: offering tomorrow’s technology…today, and further, presenting it as a service which allows for a wider and more rapid adoption. We simply refuse to acknowledge that the cutting-edge should only be reserved for the top 1% of firms.”

Tekom left a lasting impression on the financial industry with the design and implementation of over 100 trading arcades & networks and the development of many technological standards used for screen-based trading today; newly formed Anova is set up to follow in those footsteps. Current customers include electronic exchanges, hedge funds, proprietary trading firms and market makers. Most clients are geographically centered in the financial hubs of London, New York and Chicago, but Anova’s services are available worldwide.

About Anova Technologies:
Anova is a specialized network provider with an all-encompassing pursuit that centers on fusing the
next-generation of advanced technologies with conventional business utility. Seismic shifts in
telecommunications, messaging and networks occur constantly. Anova exists purely to help firms capitalize on
these pioneering trends … today. Our expertise has been honed over decades of building the fastest trading
connectivity on the planet, but our experience is truly applicable across industries.

Additional information can be found at http://www.anova-tech.com
For more information contact:
Eva Knapp, Marketing Coordinator