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Arbinet-thexchange Turns Up London SwitchBy Scott Summerill
Arbinet-thexchange (www.thexchange.com), a telephony bandwidth trading company, this week activated a U.K.-based switch to expand its spot-minute market and allow members to define classes of service for restricting trading to the Exchange Delivery Point (EDP) to which they are physically interconnected, or trade with members at both the London and New York EDPs. Regardless of a member’s point of interconnection with the switching fabric, the company’s two EDPs allow trading in the spot-minutes marketplace so members can leverage the service’s automatic least costing routing (LCR). Arbinet-thexchange president and CEO, Curt Hockemeier, says the expansion comes in response to increased European demand, which he says, “pushed us to quickly activate our London switch and give members access to two of the world’s leading telecom centers, which touch 60 percent of worldwide traffic.” Thexchange’s anonymous trading system automates sales and purchase order execution, complex calling code matching and call routing to specific breakout destinations and manages the QoS of traded capacity. The system also provides credit risk management, billing and commercial settlement of transactions. The company boasts more than 130 members, which process total call volumes of more than a billion minutes per year. |
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