Panel: Can Banking Superpowers Continue to Afford Low-Latency Arms Race?
The race for low latency continues to be “a very expensive game,” which results in the majority of market participants being priced out of low-latency trading, according to a panel at last week’s Paris Financial Information Summit.
Speaking in his capacity as an executive of UK-based user group Ipug, David Berry said that field-programmable gate array (FPGA) cards—which facilitate 10 million transactions per second by eliminating software from the trade cycle, reducing latencies to nanoseconds
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