Hibernia Atlantic, the only diverse transatlantic high bandwidth connectivity provider, announces today that it has further reduced latency across key financial routes on its Global Financial Network (GFN). These ultra low latency routes offer distinct competitive advantages to high frequency traders and financial firms that conduct thousands of trades per minute to maximize results. Major GFN financial routes such as from New Jersey to Toronto are now marked by speeds as fast as 9.5 millisecond round trip delay.  Hibernia Atlantic also further improved latency on routes in and around the New Jersey metro area to ultimately connect to long-haul networks reaching Chicago, Toronto, London and Frankfurt.

Engineered specifically to connect global financial markets, the GFN offers secure and diverse transatlantic low latency connectivity. With over 24,000 kilometers of fiber optic cable, the GFN connects financial Exchanges, carrier hotels, and data centers such as 755 Secaucus Rd., 165 Halsey and 300 Blvd. East in New Jersey to market data firms and Exchanges in Toronto, Canada with short, direct routes.

“Our team is continuously on the cutting edge of faster technologies and continuously leveraging shorter routes to further advance our Global Financial Network,” states Eric Gutshall , EVP of Sales and Marketing of Hibernia Atlantic. “Today’s traders must capitalize on microsecond improvements in their networks in order to be faster than their competitors and the GFN was designed to offer them this advantage. Coupled with our latest announcement, Project Express, we are even better positioned to meet the demanding requirements from brokers, financial firms, Exchanges and market data providers.”

Hibernia Atlantic recently announced that it will build Project Express, the lowest latency transatlantic connection from New York to London with sub 60-millisecond speed. This new build will be completed in the summer of 2012; a map of the build is here: http://www.hiberniagfn.com/documents/ProjectExpress_Map.pdf.