Juniper Networks has signed a deal to overhaul the New York Stock Exchange's Euronext market.
The company said it will be providing routers and switches for a pair of datacentres in New York and London. When completed, the new systems will be charged with handling billions of daily transactions.
Under the deal, Juniper will provide the hardware for a 10GB Ethernet network which will run at an internal latency of 50 milliseconds.
When the two datacentres are completed in 2010, the companies hope they will not only be faster and more reliable, but also require less space and run more efficiently than previous systems.
"Competitiveness in the global financial markets is measured in microseconds and the NYSE Euronext trading platform is one of the world's premier high-performance networks, supporting billions of transactions each day," said Juniper chief executive Kevin Johnson.
"The NYSE Euronext technology vision is in alignment with Juniper’s next-generation datacentre road map, which will lead to the creation of a single datacentre fabric that will deliver a quantum advance in scale, performance and simplicity."
BT wants to make the public switched telephone network history within eight years
Personal data being purloined by third parties via Facebook Login API
MacOS and iOS are better off apart, says CEO Tim Cook
Or they'll no longer be entitled to updates and bug patches