Hibernia to Build Lowest Latency transAtlantic Fiber Optic Cable

High-bandwidth connectivity solution provider, Hibernia Atlantic, will construct the lowest latency submarine fiber optic cable route from New York to London. The transAtlantic cable network will provide the lowest latency of less than 60 ms to High Frequency Traders.

The company’s Global Financial Network (GFN) combines numerous financial exchanges and global banks using a single link. The GFN meets reliability and performance requirements of the financial community.

Project Express will enable the GFN to become the fastest route operating across the Atlantic. The construction of the Express submarine cable network will make it the shortest route from New York to London. This route will be equipped with 40 G technology and later on can be scaled to 100 G technology. The new route offers lower latency as compared to other transAtlantic cable systems. The Express comprises a new four- fiber pair, all marine, transAtlantic optic cable system that will provide the regions with a Round Trip Delay (RTD) at sub 60 ms.

The initial phase of the project will start with a cable connection from the UK’s County of Somerset to Canada’s Halifax. The cable will then be connected to the low latency cable of Hibernia from Halifax to New York. The cable system will also offer branching units for latency enhancements to the Continental Europe and the US in the future. The fiber-optic project is scheduled to conclude by 2012.