Experts question the ongoing latency race, exchanges focus on crisis control and Dimon faces the House Financial Services Committee. Here is what people are talking about this week.
June 22, 2012
1. Low Latency Hype
Low latency is the most overhyped concept in the financial technology space. If you count the number of people who really care about ultra low latency, and you count the number of vendors pushing low latency, it is not a good ratio if you are a vendor.
— Steven J. Sadoff, executive vice president, global head of operations, services & technology, Knight Capital
Source: Wall Street & Technology
