Trading group seeks to win the 'microseconds' war

Jump Trading LLC, a major US financial player, erects antennas next to the world's biggest futures exchange

Mon, May 15, 2017 - 5:50 AM

Chicago

IT WAS an odd transaction from the outset: US$14 million, double the going rate, for a 12.5 hectare plot of flat, undeveloped land just west of Chicago. In the nine months since, the curious use of the space has only added to the intrigue. A single, nondescript pole with two...