Networks Built On Milliseconds

Source: Tradeworx, Inc; Photo: Anton Troianovski/The Wall Street Journal

The Wall Street Journal – By Anton Troianovski               May 30, 2012

CARTERET, N.J.—A cellphone tower here, standing next to an abandoned bus that still says it’s bound for Richmond, has become one of the hottest properties in global finance.

Trading firms, angling for even a split-second advantage over rivals, are rushing to build chains of microwave dishes to provide higher-speed links between financial markets in Chicago and New York.

Much of the new, ultrafast telecom traffic will have to pass through this industrial area just outside New York, home to oil-storage facilities, scrap yards and the warehouse of computer servers running the Nasdaq OMX stock market.

To read the full article please click here.

Advertisements
This entry was posted in Articles, Business, Finance, U.S. Economy, World Economy, World Exchanges and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s