Google, CME say they’ve proved cloud can support HFT—now what?
After demonstrating in September that ultra-low-latency trading can be facilitated in the cloud, the exchange and tech giant are hoping to see barriers to entry come down.
Long before electricity, ancient humans in the empty Northern Hemisphere looked to a dark winter sky and were stunned to find it had come alive with dancing green ribbons. What is now known as the northern lights, or the aurora borealis, was once thought to be a supernatural phenomenon, a message from the gods.
In the mind of today’s derivatives trader, a different Aurora holds a similar level of reverence—specifically the one in Illinois, where CME, the world’s largest futures and options
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