About a-team Marketing Services
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: Agility as Alpha: How Trading Infrastructure Determines Who Wins in Volatile Markets

Tariff shocks, geopolitical realignment and macroeconomic regime shifts are redrawing the investment landscape faster than most firms’ technology stacks can keep up. For hedge funds and asset managers, the ability to move quickly into new asset classes, geographies or strategies is no longer just an operational concern – it is a front-office differentiator and, increasingly,...

BLOG

The New Economics of Equities Trading Infrastructure

How modular architecture, 24/5 trading, and the rising cost of change are reshaping equities infrastructure By Ian Salmon, Head of Accelerator Program, Adaptive. Equities trading infrastructure has traditionally been judged against a familiar set of measures: latency, throughput, reliability and the ability to remain stable during periods of intense market activity. Those requirements remain fundamental....

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...