High Frequency Traders Turn to Towers for Competitive Advantage
May 24, 2017
According to Information Week Magazine: “A one (1) millisecond advantage in trading applications can be worth $100 million a year to a major brokerage firm.” In the wireless arena it is referred to as “latency,” i.e., how much time it takes for a packet of data to get from one designated point to another.
Traders making millions of transactions a minute recognize the superiority of wireless for sending and receiving data. According to ZeroHedge.com, faster data transfers can make the difference between billions in profits or losses for traders.