NYSE Euronext Slashes Messaging Latency
"During the [second quarter], we more than doubled message capacity on the NYSE trading infrastructure and further reduced order flow latency from 280 milliseconds to approximately 110 milliseconds," says Nelson Chai, CFO of NYSE Euronext, who spoke during the exchange's second quarter earnings call last week.
To further reduce messaging latency, the exchange is in the midst of testing and deploying a new Common Customer Gateway (CCG) that will replace the exchange's current Common Message Switch
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