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: Reviewing the Latency Landscape and the Next Generation of Ultra-Low Latency Infrastructure

Ultra-low latency is no longer the preserve of a handful of proprietary trading firms. As new asset classes electronify, data volumes surge, and regulatory expectations around execution quality and resilience tighten, the performance demands on trading infrastructure are broadening across sell-side desks, electronic market makers, and an expanding range of buy-side participants. The technology landscape...

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

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...