TNS recorded zero packet loss during record volumes

At a time when global stock exchanges are experiencing intense volatility and speculative, high-volume trading as the COVID-19 pandemic impacts equities markets, Transaction Network Services (TNS) reported its North American backbone network recorded zero packet loss during the highest market data volume periods it has ever seen. This means no TNS customers’ trades were lost and critical market data was not dropped or delayed.

Trading firms, especially high frequency traders, need to be able to capitalize on the exact right moment to execute a trade, explained Jeff Mezger, director of Product Management for TNS’ Financial Services business, in a statement. If their provider’s network infrastructure drops or delays the data that would trigger an order, or if the order itself gets lost because of a network outage, that can impact a firm’s results, he added.

To ensure customers’ data will not be lost or delayed because of insufficient network capacity, poor configuration or lack of network resiliency, TNS has spent the past year shoring up its network with acquisitions and upgrades to prepare for the ever-present possibility of volatile market conditions and high trade volume.

Read the full release

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