This Week: Sk3w, HKEX, JSE, Finos, and more
A summary of the latest financial technology news.
Sk3w Technologies secures series A funding for latency standardization solution
Sk3w Technologies has raised $7 million in a series A round led by investment firms Tower Research Ventures, IMC, and Citadel Securities to support the vendor’s system that allows an exchange to monitor and standardize latency between itself and trading firms’ datacenters.
Exchanges purchase the Sk3w hardware, which places a connection on the customer end of the fiber cable and plugs the exchange end into the Sk3w
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