“The Ultimate Trading Machine” from Penguin Computing sets Record for Low Latency
The world of High Frequency Trading is all about reducing latency to make money. At the recent STAC Summit in Chicago, a Penguin Computing device called The Ultimate Trading Machine achieved a record-low 98 nanosecond tick-to-trade latency, some 18% faster than the previous world record. "Facing tremendous pressures to optimize the transaction lifecycle, the financial services industry helps drive innovations in many core technologies. At Penguin Computing, we empower our customers with with open technology solutions that achieve performance requirements while keeping costs low and avoiding vendor lock-in. We are proud to join with our partners to deliver this Ultimate Trading Machine."
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