CME Group and Nasdaq OMX (NDAQ) go after the HFT crowd, revealing plans for a wireless network...


CME Group and Nasdaq OMX (NDAQ) go after the HFT crowd, revealing plans for a wireless network to more quickly shuttle pricing information between Chicago and NYC. The plan is notable for the use of wireless technology as most firms still rely on slower, but more reliable and higher-capacity fiber-optic cable to speed orders along.
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