According to Neil Katkov, research manager at Celent in Tokyo, latency at many Asian exchanges is still measured in seconds, compared to millisecond standards in the US and Europe-with some Asian exchanges 100 times slower than their Western counterparts.
However, Katkov says this is changing, and that mergers among exchanges are driving demand for better services. "The standards in the US and Europe will be in demand here... so [latency] is becoming an issue for Asian exchanges," he says.
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