The Great Race for Low Latency (Institutional Investor)

Talk of the importance of moving data between NY and Chicago has heat up considerably in the past two years.  TABB Group published a piece on this “Long Distance Latency” issue back in June.  Here II tackles the topic:

“Ten years ago firms would rely on telecom providers to advise them,” he says. Now the same firms are hiring away those experts to get the jump on the competition and also ensure it won’t figure out their strategy. Telecom experts are paid well for their closed-mouth discretion, sources tell us. Also fueling the need for secrecy is that although “there’s tons of connectivity,” as McPartland says, there is “very little in the fastest” modes.

Read the full article at Institutional Investor.

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