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Tata Comm sets up low latency network
14 June 2012
Tata aims at high frequency traders in Asia, Europe and the US with ethernet-based low latency network
India’s Tata Communications has launched a low latency network to link financial firms for implementing a high frequency trade in Asia, the UK and the US.
The network will use a multipoint ethernet platform to enable customers to execute trades between New York and Singapore or London and Hong Kong.
John Hoffman, Tata Communications’ head of ethernet product management, said: “Global financial trading firms initially drove the need for this solution as every millisecond of latency is critical for trading. However, due to rising complexity and importance of specific mission-critical applications, we are also seeing an uptake in demand for similar levels of latency from a growing range of sectors and businesses.” GTB
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