euNetworks (SIN:H23, news) added a new node to its dedicated finance network today with the launch of ultra-low-latency connectivity to Equinix's ZH4 IBX in Zurich, Switzerland. The ZH4 facility just opened its doors last May, and is on the same campus as ZH1 and ZH2 but with 2,300 square meters in total space. On the financial end, the route gives trading companies direct access to the SIX Swiss Exchange.
It's always nice when they put numbers to these things, and euNetworks is pegging the one way latency to Zurich as 6.83ms from London and 2.74ms from the Equinix FR2 facility in Frankfurt. Of course, euNetwork's traditional footprint does not include Zurich, so I assume they pieced together some dark fiber south from Stuttgart and Paris while leveraging their metro infrastructure in London and Frankfurt. Despite its status the smallest major fiber player in the high-speed trading segment of the financial vertical, euNetworks has been very aggressive.
The expansion of interest in low latency connectivity has expanded well beyond the main London-Frankfurt axis and into the rest of Europe now. euNetworks added Sweden last year, Level 3 spent some effort on Zurich and Milan, Colt on Paris and Brussels, and Interoute on Milan and Amsterdam. No doubt each has been working on other such markets as well, but I can't help but wonder if there isn't some room for consolidation amongst these four companies down the line.
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