Greenmoor Cuts Costs, Latency with Essex


Trading arcade-turned-small broker-dealer Greenmoor Capital is planning to implement new low-latency datafeeds from Chicago-based vendor Essex Radez.

Greenmoor will take direct feeds for Archipelago and Nasdaq's INET ECN in the next three months, says Evan Jones, CTO at Greenmoor Technology Partners, an affiliate of Greenmoor Capital Management. Greenmoor has been in business for a year, has eight staff, and provides trading services to around 50 professional day traders.

Jones says the firm i

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