SOURCE: RCN Metro

RCN Metro

April 29, 2009 08:30 ET

RCN Metro Optical Networks Provides Internet Access and Ethernet Service to ViewTrade Securities

HERNDON, VA--(Marketwire - April 29, 2009) - RCN Metro Optical Networks, a division of RCN Corporation (NASDAQ: RCNI) and a premier provider of fiber optic-based network solutions, announced today that it will provide ViewTrade Securities with Internet access and Ethernet connections to the Direct Edge, NASDAQ and ISE exchanges.

ViewTrade designs, develops and distributes financial technologies for online, cross border trading, bringing U.S. trading transparency for retail and institutional clients world wide. ViewTrade's technology incorporates the latest innovations and standardized protocols to ensure reliable, swift and secure trading of U.S. financial instruments around the globe.

"We selected RCN Metro for its reliable, scalable bandwidth solutions to support our mission critical business applications. In evaluating alternatives, we were seeking a service provider that understood our business and could provide us the highest level of service and support to ensure that our network performed optimally. With RCN Metro, we can focus on designing, developing and distributing financial services and technologies and rely on them to manage our network connections," said Kenneth Chan, Chief Technology Officer of ViewTrade Securities.

"We are pleased that ViewTrade Securities selected RCN Metro to provide them with dedicated Internet access and Ethernet service. We have a long-standing relationship with the financial services community and have developed an expertise in supporting their unique requirements. We are certain that we will provide ViewTrade Securities with the high speed, seamless and reliable connections necessary to support their trading platform," said Felipe Alvarez, President of RCN Metro.

About RCN Metro Optical Networks

RCN Metro, www.rcnmetro.com, is a premier provider of high-capacity transport services for carriers as well as large and medium-sized businesses. RCN Metro offers a comprehensive suite of services including: Ethernet, SONET, Wavelength, Video Transport, Internet and more. With a network leveraging unique rights-of-way, spanning from Maine to Virginia and out to Chicago, RCN Metro deploys custom solutions to service providers as well as companies in the finance, hospitality, media, government, health care and education industries. RCN Metro is a wholly owned division of RCN Corporation.

About RCN Corporation

RCN Corporation, www.rcn.com, is a facilities-based, competitive broadband telecommunications services provider delivering video, high-speed data and voice services to residential and small-medium business customers under the brand names of RCN and RCN Business Services, respectively. In addition, through the RCN Metro Optical Networks business unit, RCN delivers fiber-based high-capacity data transport services to large commercial customers, primarily large enterprises and carriers, targeting the metropolitan central business districts in the company's geographic markets. RCN's primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago (RCNI-G).

ViewTrade Securities

ViewTrade and its subsidiaries develop and deliver trading and brokerage platforms to clients worldwide with U.S. brokerage and execution services. ViewTrade specializes in meeting the need of institutions, proprietary traders / groups, active traders, and retail investors accessing the U.S. markets from anywhere in the world. ViewTrade's Technology group develops and maintains its trading platform, the hub's infrastructure -- a scalable foundation for developing execution focused valued added products to its partners, its clients and to their end users on a global basis. ViewTrade Securities drives the hub's operational purpose -- it acquires and secures access to various financial product inventory, content, research and related business services, meeting the appetite of the professional global financial investor and their communities. The result -- a globalized tradeway complete with immediate access, best execution, efficient markets and an array of investment vehicles & services to perfect business delivery needs for individual investors as well as institutional desks. For more information, please visit www.viewtrade.com

Contact Information

  • Contact:
    RCN Metro Optical Networks:
    Maura Mahoney
    Vice President of Sales & Marketing
    508-621-1869

    RCN Corporate:
    Lisa Barder
    Director of Communications, Public Relations
    215-335-7175

    ViewTrade Securities:
    Kenneth J. Chan
    Chief Technology Officer
    201-215-9805