Apr
30
“Another company, Mississippi’s Spread Networks, spent an estimated $300 million buying land and blasting tunnels to secretly excavate a straight route from an exchange data centre in Chicago to Nasdaq’s servers in New Jersey. In 2010 the company laid a fiber-optic cable that is 160 kilometres shorter, and 3 milliseconds faster, than the existing line. As the “low-latency” leader, analysts say the company can charge clients eight to 10 times the going rate.”
Computer algorithms changing world of finance
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Source: thestar.com
