Microwave trading connections
might be the next big thing in the search for lower and lower
latencies. They enable significantly faster connectivity but
are fraught with additional challenges and restrictions.
The race for faster trading
entered a tumultuous new phase in recent weeks, with a host of
companies in Europe and the United States committing to
wireless networks which they hope will give them an edge over
their less nimble rivals.
An array of prop trading houses,
fibre-optic operators and exchanges have announced, or are
quietly pursuing, through-the-air solutions which cut trading
speeds by as much as 50 percent compared with fibre optic
There are at least 10 projects
in progress to build microwave connections between New York and
Chicago, and several more in Europe, where Colt Technology
Services in November went public with the announcement of a new
microwave route between London and Frankfurt.
Colt, working with technology...