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The speed of market data dissemination is now so fast that the only way a firm can reduce market data latency any further is to actually share datacenter floor space with the exchanges themselves.
Three ECNs and two US exchanges-the American Stock Exchange (Amex) and the Philadelphia Stock Exchange (PHLX)-connect to IT infrastructure services provider Savvis' new proximity hosting service, launched Sept. 17. Savvis already hosts and manages parts of all five trading venues' IT infrastructures at
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