Hibernia Plans High-Speed Trans-Atlantic Cable
Updated: 2010-09-30 16:47:20
Home Low Latency Hibernia Plans High-Speed Trans-Atlantic Cable Hibernia Plans High-Speed Trans-Atlantic Cable September 30th , 2010 Rich Miller The race to accelerate Wall Street trading has moved underwater . Hibernia Atlantic today announced plans to build a trans-Atlantic submarine fiber optic cable that will provide faster connections between New York and London than any available . today Hibernia said the new Project Express cable will provide high frequency traders with latency of under 60 milliseconds between New York and London , faster than the current top speed available on the fastests trans-Atlantic cable , Global Crossing’s AC-1. The first phase of the new build will run a cable from the county of Somerset in the UK , to Halifax , Canada where it will connect with Hibernia’s