Cisco Systems said it has commercially introduced a switch that can route trading messages through its circuitry and back out onto a wire in under one microsecond.
Cisco, whose gear is used by the Nasdaq OMX Group and other exchange operators, said its Nexus 3016 switch can get the last number or letter of a 1,024-character message onto a wire in 1.17 microseconds, or millionths of a second. The last number or letter of a 256-character message makes it onto the wire in 950 nanoseconds, or billionths of a second.
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