CBOE Eyes 12-Month Latency Cuts

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Mark Novak, vice president and chief technology officer of systems development at CBOE, says the migration to Equinix’s NY4 datacenter in Secaucus, NJ on Dec. 3, 2012 reduced roundtrip latency for New York-based trading participants from around 12 milliseconds to 1 millisecond or less.

Along with the move, the exchange took the opportunity to upgrade its internal infrastructure to 10 Gigabits per second, and upgraded its hardware from servers leveraging Intel’s Westmere microprocessors to server