Keeping an Open Mind

The Daly Close

In the best of all possible worlds, approaching the latency issue in a holistic manner sounds like the most economic solution. However, we don't live and work in the best of all possible worlds. Departmental divisions and conflicting reporting structures make such a top-down approach difficult to implement. It might work for firms that are deploying their trading infrastructure from scratch, but not for those who have to deal with legacy applications.

For most firms, bleeding off latency will

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