By Jamie Oschefski, Head of Accounts and Strategic Partnerships, Quantica Trading
It is becoming clear the latency arms race is quickly becoming a theme of the past. The fastest microwave networks between Aurora, Ill., and Carteret, NJ, is currently clocked at about 4.14ms (one-way), where the theoretical minimum is 3.95ms based on the speed of light. With only 0.19ms of improvement, this variable is fast approaching the physical limitations of the universe set by quantum mechanics and relativity. The unimaginable barriers to entry and exorbitant overhead in maintaining and advancing the infrastructure and technology required to keep a competitive edge, only a few trading firms can play in the space.