Additionally, Anova has more recently been recognized as winner of the American Financial Technology Awards for ‘Best Trading Infrastructure Provider.’
Anova’s Zero Gap Feed is the only gap-resistant low latency wireless data feed delivered over a full 10Gbps transport backbone between exchange locations.
Currently, the feeds are delivered between Secaucus and Carteret, which allows Anova to distribute NASDAQ and CBOE market data burst-free and error-free. Anova has plans in the future to expand into additional assets classes by deploying its high-capacity RF technology over proprietary paths.
The Zero Gap Feed also utilizes Anova’s proprietary self-healing system to deliver an unparalleled low-latency, gap-resistant, 100% data delivery, market data experience to all industry participants.
“Since their initial deployments by Anova and others in 2010, wireless networks have been relegated to the equities and futures asset classes. They also haven’t been optimized for fast, bursty markets,” said Mike Persico, Anova CEO. “However, with Zero Gap’s full 10Gbps of wireless capacity, Anova can now deliver a raw, unnormalized market for traditionally high-bandwidth asset classes such as options – a first of its kind for any wireless network/provider. And with its embedded self-healing technology and high throughput, gaps due to micro-bursts and weather have been completely eliminated.”
The annual TradingTech Insight Awards – USA recognize excellence in trading solutions and services for capital markets, and focus on vendors providing exceptional and innovative trading infrastructure, technology, and data solutions dedicated to the challenges faced by firms operating in the US trading environment.
“Many congratulations to Anova Financial Networks for winning Best Low Latency Data Feed – Direct in our prestigious TradingTech Insight Awards USA 2021. It’s a real vote of confidence from across our readership of 30,000 senior technology officers and trading technology specialists, who selected Anova Financial Networks as the clear winner in a very competitive field,” said Andrew Delaney, President & Chief Content Officer of A-Team Group, which hosts the TradingTech Insight Awards.
The American Financial Technology Awards recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities.