A piece of top news was reported, Arcadia-based Myricom, which develops specialized, 10-Gigabit Etherent adapters targeted at low latency applications like financial trading, reported a win today at Trading PHysics, a provider of analytics software and market data delivery systems. According to Myricom, the firm is using its dual port adapters and low latency software for a High Frequency Trading (HFT) application. Financial details of the win were not announced. Myricom said the customer is using the company’s adapters to manage orders for equities on the NYSE, NYSE/ARCA, NASDAQ, BATS, and Direct Edge.
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