About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

A Low-Latency Network For Less – Is Crowdfunding an Answer?

Subscribe to our newsletter

Newark, NJ startup Low Latency Group is recruiting trading firms to fund development of a hybrid microwave and fibre network, using a crowdfunding model that could appeal to smaller operations that are looking for lowest latency but at a lower cost.

True, the $5 million that the group is seeking – from just eight firms – isn’t your average Kickstarter.com crowdfunded music project, but there are some similarities – most notable being that the funds advanced will not be tapped until the total spend is covered and build out is set to begin.

According to the group’s web site: “We are forming a coalition of smaller firms to construct a private network. High Speed Traders need light speed but in reality they do not move large amounts of data compared to the capability of a private microwave network.”

Microwave will be used where possible since it is faster than fibre. And eight is the goal for participants because it is estimated that there will not be a performance impact on any one, given the bandwidth that will be deployed. 

The initial focus for the network will be connectivity from NY-area equities markets to currency and options hubs in Chicago, and also delivery of economic news from Washington, DC to those markets.

The design and build out of the network will be led by the Low Latency Group’s engineers, and the group will also provide ongoing maintenance, for a monthly fee.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

The Matching Engine Was Never the Hard Part: What 24/7 Really Demands of Exchange Architecture

The framing has become familiar. Digital asset exchanges, prediction markets and retail-driven platforms have normalised continuous trading. Traditional venues, with their nightly batch cycles and weekly maintenance windows, are now playing catch-up as they extend hours, tokenise assets and reach for new distribution models. The conventional answer is to point at the matching engine and...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...