Barringer Founds cGain US–Offshore Development Shop
Paul Barringer, former chief executive of hosted low-latency direct feed provider Burstream, is setting up a technology and offshore development consultancy for building and optimizing low-latency market data and trading infrastructures, dubbed cGain Technologies.
Barringer will serve as CEO of cGain, which is backed by an Indian software developer that he declines to name, but describes as a 20-year-old company with 1,500 staff and annual revenues of more than $20 million. He says cGain will
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