High-Speed Stock Traders Turn to Laser Beams Anova Technologies is linking stock-market data centers by laser. Anova's CEO Michael Persico joins MoneyBeat to discuss the race to shave off nanoseconds in trading information.
Mike Persico, CEO of Anova Technologies, discusses benefits of Anova's Networks that use the AOptix ULL-3000. It's not just about latency.
Chicago's innovators reflect the Olympic spirit ...Take 2013 Chicago Innovation Awards winner, Anova Technologies, which developed a laser-based wireless network that connects investors to stock exchanges at breakneck speeds on a system with virtually no [...]
Microwave technology race heats up Over land, under sea, and through the air, a fierce battle continues to rage to shave each extra millisecond off trading speeds.
Stock traders move into the laser age in pursuit of lightning-fast deals ...Operated by Anova Technologies, a company already engaged in providing exotic networking equipment of the sort high-speed traders yearn for, the lasers are [...]
Eventually, they could end up on your roof, beaming trading data across the sky: Lasers, originally developed by the military, that are now being co-opted by high-frequency traders looking for even faster ways to do [...]
If you needed any more evidence that the pace of the stock exchange is blinding, traders on the cutting edge of technology are now making use of military communications lasers to transmit data, because fiber optics [...]
As the need for speed in high frequency trading (HFT) intensifies, with the difference between success or failure often measured in milliseconds, a Chicago company is now linking the NYSE Euronext (NYSE:NYX) with the NASDAQ OMX [...]
High-Speed Stock Traders Turn to Laser Beams It is the latest salvo in the "race to zero," traders' term for their efforts to whittle away the difference between the speed their orders travel at and [...]
Anova Technologies, the preeminent financial and exchange connectivity provider, was recognized for its RFConnect product at the 12th Annual Chicago Innovation Awards. With 562 submissions whittled down to 100 finalists, Anova then participated in a [...]