Damaged Cables Cause India, Mid-East Latency

The incident, which occurred last Wednesday, Jan. 30, may have been caused by a ship's anchor severing two of the three undersea cables serving the region, reducing the normal 830 gigabits per second of bandwidth to just 205 Gbps.

One large bank in the Persian Gulf region experienced an outage of its Bloomberg service and as a result has scrapped plans to use a trading system hosted in London, according to a source familiar with the situation.

Meanwhile, Jordanian brokerage Indemaj, which uses

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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