The Wall Street Journal recently spoke with Anova Financial Networks about the use of hollow-core fiber, specifically to its recent use among financial firms to acquire data and execute trades as fast as possible
Hollow-Core fiber, the opposite of a solid optic fiber, is made of glass with dozens of parallel, air-filled channels that transmit data via beams of light. The fiber was originally introduced in the 1990s, but its high price tag and inability to be used in long distances have made it less desirable. However, in a world where the competition can come down to nanoseconds, hollow-core fiber is getting a second look.
“The time increments of these improvements have gotten markedly smaller,” said Mike Persico, Anova’s CEO and Founder.
While the ability to transmit data is one-third less time with hollow-core fiber due to it being sent via air instead of fiber, there are concerns with the technology’s ability to travel great distances, making it unlikely to replace wireless networks. Anova’s ability to utilize hollow-core fiber in concert with wireless technology is believed to be the winning formula for pole position routes.