European Financial Information Summit 2011: Panel Says Proprietary Costs Will Prompt Two-Tier Latency Race
The ever-increasing speed demands of algorithmic and high-frequency trading are prompting a shift to more proprietary technology development, leading to a division between the “haves” and “have-nots” with the resources to continue investing in the fastest systems, while other components of the markets struggle to keep pace, according to panelists at last week’s European Financial Information Summit.
Even within the same organization, some firms are having to balance differing needs for speed
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