Update: After CME-Nasdaq Route, Microwave Data Partners Eye Additional Connectivity Paths

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CME Group and New York-based trading infrastructure technology provider Strike Technologies are separately looking at other opportunities to deploy microwave data transmission technologies to reach new user bases and market places, after announcing a deal to connect CME’s co-location center in Aurora, Illinois to Nasdaq OMX’s datacenter in Carteret, NJ, using microwave transmission to significantly reduce data latency between the exchanges.

The CME-Nasdaq microwave network, which is expected to

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