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: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

TXSE Selects Exegy FPGA Technology for Market Data Infrastructure

The Texas Stock Exchange (TXSE) has selected Exegy to provide FPGA-based market data feed handlers as part of its launch infrastructure. TXSE is positioning itself as the first fully integrated U.S. equities exchange built from scratch in more than 25 years. As part of that ground-up approach, the venue has opted to deploy FPGA technology...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

Solvency II Data Management Handbook

Want to get a handle on Solvency II and what it means for data management? Need to make sure you have all the bases covered for the looming January 2016 deadline? Our Solvency II Data Management Handbook is now available for free download to help you. This Handbook is the ultimate guide to all things...