Latency Still a Priority, But Not 'Holy Grail'

Proximity hosting, where firms co-locate their trading engines in-or close to-trading venues, had threatened to level the playing field by equalizing latency in terms of the physical distance of communications. However, the cost of co-location may prove a barrier to adoption for some firms, and even those that can afford to co-locate may end up competing over factors such as the length of cable between their server and the venue's core matching engine, said Arcontech chief executive Andrew