Verizon Jumps into Low-Latency Race between New York and Chicago
Traders Magazine Online News, April 20, 2012
“We fully understand that a number of our customers will probably already have a solution provider that’s providing them with a latency path,” Anderson said. “Prior to Verizon entering this market, for the majority of customers out there, they really didn’t have a good backup solution.”
If a firm loses its primary link, Verizon can provide a low-latency connection so trading can continue without a hiccup, according to Anderson.
“Verizon’s very comfortable being a secondary provider,” he said. “We love being first, but we’re good with being second.”
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