Perseus Telecom, which specializes in ultra-low latency connectivity, has unveiled a new such route to Brazil. Leveraging GlobeNet's submarine cable systems, they are claiming the low latency title between Sao Paolo's BM&F BOVESPA and New York's NASDAQ OMX. The sustained interest in low latency connections for the trading community is definitely spilling over from the Chicago-NYC-London-Frankfurt access and onto other continents, and the Brazilian bandwidth market is red hot these days.
GlobeNet's low latency route extends south from the NASDAQ's NJ data center facility to the Tuckerton landing station, and then through Bermuda, landing again in Fortaleza on the northern coast of Brazil and then going overland from there. That route avoids the usual stopovers in Florida and/or the Caribbean. The NJ landing also lets them bypass Manhattan and gives them latency advantages on the Brazil-Chicago routes. Additionally, I haven't heard of any large new cables going in between North and South America, so any advantages now are probably will probably be in place for some time.
On the other hand, if traffic in and out of South America becomes large enough, we could see sufficient bandwidth needs to continents other than North America to drive other cables in those directions. Some thinking far ahead are of course planning for that already, including the 12.8Tbps Brazil-South Africa system that was reported to be in the works back in April - I'll believe that one when I see the cable ship sail.
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