Level 3 Lowers London–Frankfurt Latency

Fiber network provider Level 3 Communications has reduced the roundtrip delay on its ultra-low-latency route between London and Frankfurt, to provide high-frequency traders with faster connectivity to key trading venues in the cities—including the London Stock Exchange and Deutsche Börse—by creating a more direct route between the two European financial centers.

The telecoms provider declines to disclose exact latency metrics to avoid setting a target for competitors, though officials say it has

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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