Low Latency, It’s Not Just for Hedge Funds Anymore
At yesterday’s Wall Street & Technology event, “Accelerating Wall Street,” industry technologists and traders gathered to find out the latest in low-latency trading. Many hedge funds, broker-dealers, exchanges and even some traditional asset management firms were present. All were looking for that nugget of information that would give them just a small edge over their competition.
In the past achieving speed at the millisecond or microsecond level was more important to quant traders and hedge funds. But yesterday’s event made it clear that even traditional asset managers are considering getting into the game. Several were in the audience, intently listening and gathering information.
Will ’Chief Latency Officer’ be the newest title on Wall Street?
Tags: algo trading, dark fiber, Electronic Trading, Fiber Networks, Low Latency, Low Latency Networks