NeXXCom Wireless, a full service wireless product and system supplier with high packet microwave and millimeter wave solutions that drive next-generation IP networks, is deploying its state of the art ultra-low latency microwave radio technology. This technology intends to cut more than 3 milliseconds (mS) from major fiber networks on the financial trading path between Chicago and New Jersey.
The increase in speed is expected to be highly beneficial for financial trading firms. NeXXCom Wireless’ technology is below 10mS round trip today which is a significant improvement for High Frequency Trading. Sal S. Benti, CEO of NeXXCom Wireless notes “There is no way to accurately measure the effect of the speed increase but it has been estimated that each 1mS improvement can be worth $100 million to a financial trading firm. Our client firms are highly secretive about their trading network strategies and given the amount of profits involved, it’s understandable.”
NeXXCom Wireless has recently joined the Dark Fiber Community and will provide knowledge of wireless technology advancements to community members. Allied Fiber CEO and founder of the Dark Fiber Community, Hunter Newby commented “Fiber and microwave compliment each other in many areas including HFT and mobile backhaul for LTE. I suspect that as trading firms learn more about NeXXCom Wireless’ technology they will begin proliferating these ultra low latency networks around the glove in the not distant future to gain competitive advantage.”
For more information, please visit www.nexxcomwireless.com
