Euronext microwave link aims to cut HFT advantage in Europe
Exchange plans to level playing field between prop firms and banks in cash equities with cutting edge tech
Euronext is planning to partner with a low-latency telecoms provider to launch a high-speed microwave connection for banks between London and its main data centre in Italy, according to three sources familiar with the project.
Dealers currently struggle to compete with high-frequency trading firms (HFTs) that gain a latency advantage from microwave technology when trading European cash equities
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