SOURCE: BLADE Network Technologies

BLADE Network Technologies

September 11, 2009 14:27 ET

UPDATE: MEDIA ALERT: "Building the World's Fastest Trading Network" -- Keynote Lunch Panel With BLADE Network Technologies, NYSE Euronext, TABB Group and A-Team at High Performance Computing on Wall Street, September 14 in New York

SANTA CLARA, CA--(Marketwire - September 11, 2009) - Vikram Mehta, president and CEO of BLADE Network Technologies Inc. (BLADE), the trusted leader in data center networking, will address "Building the World's Fastest Trading Network," with Stanley Young, CEO of NYSE Technologies and Co-Global CIO of NYSE Euronext, Kevin McPartland, senior analyst of the TABB Group, and Pete Harris (moderator) conference program director and president of A-Team, at the 2009 High Performance Computing on Wall Street. This event and keynote lunch panel will take place on Monday, September 14, at the Roosevelt Hotel in New York City. This special panel will focus on how a wide area, high-speed, low-latency communications network equipped with ultra-fast 10 Gigabit Ethernet supports advanced trading strategies. Press and analysts are invited to attend and can register by contacting (212) 286-0333 or flaggmgmt@msn.com.

The panel will cover topics including:

--  NYSE Euronext's New Consolidated Global Data Centers: NYSE Euronext is
    building state-of-the-art data centers in Mahwah, New Jersey, and London to
    transmit millions of orders at lightning speed.
    
--  The High Stakes of Latency Reduction: Latency reduction has become
    critical as proprietary trading volumes skyrocket. New approaches to speed
    have become a competitive advantage that can drop not only microseconds,
    but milliseconds from trading strategies. The stakes for getting this right
    are huge.
    
--  Ultra-Fast 10 Gigabit Ethernet Networks: Ethernet is becoming the
    networking fabric of choice for financial services data centers when it is
    implemented with lossless, low-power, low-latency, low-cost and high-
    performance networking solutions.
    

"Fast trading networks bring vast value to the global investment community," said Vikram Mehta, president and CEO, BLADE Network Technologies. "To explore the impact of very high-speed networks on Wall Street, and the future of fast networks in a data center revolution, we welcome media and analysts to attend this special lunch panel at High Performance Computing on Wall Street."

"Data center innovation is beneficial for the financial services industry as a whole, which is seeking to meet evolving global customer demands and expectations," said Stanley Young, CEO of NYSE Technologies and Co-Global CIO of NYSE Euronext. "As the operators of the SFTI® platform and given our own investment in two state-of-the-art data centers, we welcome the increasing speed and reliability provided by today's essential data center infrastructure and networking technologies."

"A growing number of successful trading strategies are highly dependent on ultra-low latency technology," said Kevin McPartland, senior analyst at TABB Group, the New York- and London-based capital markets research and consulting firm. "Success is based on delivering information to your algorithms, making trading decisions microseconds faster than your competitors. This can only be accomplished by optimizing every aspect of the trading infrastructure, from routers and servers, to software."

About BLADE Network Technologies

BLADE Network Technologies (BLADE) is the leading provider of Gigabit and 10G Ethernet cloud-ready networking solutions for dynamic, enterprise data centers worldwide. In addition to its innovative OEM blade switches, and SmartConnect with VMready virtualization and BLADEHarmony Manager software, BLADE's "Virtual, Cooler, Easier" RackSwitch family enables "Rackonomics" -- an efficient approach for scaling out data center networks to drive down total cost of ownership. Visit: www.bladenetwork.net. Twitter: @BLADENetwork.

Contact Information

  • CONTACTS:
    Maxine Bingham
    BLADE Network Technologies
    (408) 806-5028
    Email Contact

    Zee Zaballos
    ZNA Communications
    (831) 425-1581 x201
    Email Contact