Secure Optical Ethernet Connections Multiply into NYSE, AMEX

The Securities Industry Automation Corporation (SIAC), the technology subsidiary of the New York Stock Exchange (NYSE) and the American Stock Exchange (AMEX), has signed over 100 enterprise customers to access its Secure Financial Transaction Infrastructure (SFTI) network. The milestone was reached less than two years after the events of September 11, 2001. SFTI uses designated access centers and a highly redundant infrastructure to offer firms physically and geographically diverse routing, thus reducing the likelihood of service-impacting outages. There are multiple data centers and numerous access centers in the New York, Boston and Chicago areas, interconnected by a fiber optic backbone comprised of Nortel Networks OPTera Metro 3500 Multiservice Platform devices. SIAC uses Nortel Networks’ Optical Ethernet solution for access and its Passport 8600 Routing Switch to provide Layer 3 switching capabilities to both NYSE and AMEX. Network planners envision having 1,000 customers transferred to the new network by 2004. Financial terms were not disclosed.

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