NAFIS Latency Panel: Stop and Think Before Spending on Speed

Firms whose trading strategies rely on speed must continue to invest in ways to reduce latency, even if tighter budgets make it harder to justify spend on new technologies, while non-latency-sensitive firms must assess whether their business model and budget warrants the continued pursuit of speed, according to panelists at the North American Financial Information Summit.

"I don't think we'll ever say ‘it's fast enough'," said Yuri Salkinder, director of electronic trading at Credit Suisse