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Spread Networks
Spread Networks is a company founded by Dan Spivey and backed by James L. Barksdale (former CEO of Netscape Communications Corporation) that claims to offer Internet connectivity between Chicago and New York City at ultra-low latency (i.e. speeds that are very close to the speed of light), high bandwidth, and high reliability, using dark fiber. Its customers are primarily firms engaged in high-frequency trading, where small reductions in latency are important to the extent that they help one close trades before one's competitors. History The first cable line, running from Chicago (home to the Chicago Mercantile Exchange, where futures and options are traded) to Carteret, New Jersey (home to the Nasdaq data center), laid at a cost of US$300 million, was unveiled in June 2010. According to a ''Forbes'' article, the idea for the line first came to Dan Spivey in 2007: Spivey contracted with a New York hedge fund to devise a low-latency arbitrage strategy, wherein the fund would search o ...
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James L
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Thomas the Tank En ...
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165 Halsey Street
165 Halsey Street, formerly known as the Bamberger Building, is a 14-story, office tower in Downtown Newark, New Jersey. Built in 1912–1929, it was designed by Jarvis Hunt. The building spans the entire block between Halsey Street, Market Street, Washington Street, and Bank Street. 165 Halsey Street is a major colocation center in New York metropolitan area; according to Center for Land Use Interpretation, it is among the world's largest carrier hotels. It is a contributing property to the Four Corners Historic District. Bamberger's 165 Halsey Street was initially built in 1912 as an eight-story, flagship store of Bamberger's to expand the operations from its original store across Halsey Street. It was expanded twice in 1922 and 1929 to became a 14-story building with a total floor area of . The building address was 109-135 Market Street. After Bamberger's expanded its operations to suburban stores, some parts of the building were converted to an office space and the buildi ...
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Internet Technology Companies Of The United States
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and military networks in the 1970s to enable resource sharing. T ...
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Fiber-optic Communications
Fiber-optic communication is a method of transmitting information from one place to another by sending pulses of infrared light through an optical fiber. The light is a form of carrier wave that is modulated to carry information. Fiber is preferred over electrical cabling when high bandwidth, long distance, or immunity to electromagnetic interference is required. This type of communication can transmit voice, video, and telemetry through local area networks or across long distances. Optical fiber is used by many telecommunications companies to transmit telephone signals, internet communication, and cable television signals. Researchers at Bell Labs have reached a record bandwidth–distance product of over kilometers per second using fiber-optic communication. Background First developed in the 1970s, fiber-optics have revolutionized the telecommunications industry and have played a major role in the advent of the Information Age. Because of its advantages over electrical ...
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The Hummingbird Project
''The Hummingbird Project'' is a 2018 thriller drama film about high-frequency trading and ultra-low latency direct market access, written and directed by Kim Nguyen produced by Pierre Even at Item 7. It stars Jesse Eisenberg, Alexander Skarsgård, Michael Mando, Sarah Goldberg, and Salma Hayek. It had its world premiere at the 2018 Toronto International Film Festival on September 8, 2018. It was released in the United States on March 15, 2019, by The Orchard and was released on March 22, 2019, in Canada by Elevation Pictures. Plot The film opens as stockbroker Vincent Zaleski pitches Bryan Taylor on investing in a fiberoptic cable from Kansas electronic exchange to the New York Stock Exchange in order to front run orders in a new high-frequency trading (HFT) operation. Taylor buys into the idea. Meanwhile, Vincent and his cousin Anton Zaleski are still employed by Eva Torres, where Anton programs trading software. Eva is also working on several ideas for HFT. Soon enough, A ...
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Michael Lewis
Michael Monroe Lewis (born October 15, 1960) Gale Biography In Context. is an American author and financial journalist. He has also been a contributing editor to '' Vanity Fair'' since 2009, writing mostly on business, finance, and economics. He is known for his nonfiction work, particularly his coverage of financial crises and behavioral finance. Lewis was born in New Orleans and attended Princeton University, from which he graduated with a degree in art history. After attending the London School of Economics, he began a career on Wall Street during the 1980s as a bond salesman at Salomon Brothers. The experience prompted him to write his first book, ''Liar's Poker'' (1989). Fourteen years later, Lewis wrote '' Moneyball: The Art of Winning an Unfair Game'' (2003), in which he investigated the success of Billy Beane and the Oakland Athletics. His 2006 book '' The Blind Side: Evolution of a Game'' was his first to be adapted into a film, '' The Blind Side'' (2009). In 2010, he r ...
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A Wall Street Revolt
A, or a, is the first letter and the first vowel of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''a'' (pronounced ), plural ''aes''. It is similar in shape to the Ancient Greek letter alpha, from which it derives. The uppercase version consists of the two slanting sides of a triangle, crossed in the middle by a horizontal bar. The lowercase version can be written in two forms: the double-storey a and single-storey É‘. The latter is commonly used in handwriting and fonts based on it, especially fonts intended to be read by children, and is also found in italic type. In English grammar, " a", and its variant " an", are indefinite articles. History The earliest certain ancestor of "A" is aleph (also written 'aleph), the first letter of the Phoenician alphabet, which consisted entirely of consonants (for that reason, it is also called an abjad to distinguish it fro ...
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Refractive Index
In optics, the refractive index (or refraction index) of an optical medium is a dimensionless number that gives the indication of the light bending ability of that medium. The refractive index determines how much the path of light is bent, or refracted, when entering a material. This is described by Snell's law of refraction, , where ''θ''1 and ''θ''2 are the angle of incidence and angle of refraction, respectively, of a ray crossing the interface between two media with refractive indices ''n''1 and ''n''2. The refractive indices also determine the amount of light that is reflected when reaching the interface, as well as the critical angle for total internal reflection, their intensity ( Fresnel's equations) and Brewster's angle. The refractive index can be seen as the factor by which the speed and the wavelength of the radiation are reduced with respect to their vacuum values: the speed of light in a medium is , and similarly the wavelength in that medium is , where ''Π...
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Cleveland
Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S. maritime border with Canada, northeast of Cincinnati, northeast of Columbus, and approximately west of Pennsylvania. The largest city on Lake Erie and one of the major cities of the Great Lakes region, Cleveland ranks as the 54th-largest city in the U.S. with a 2020 population of 372,624. The city anchors both the Greater Cleveland metropolitan statistical area (MSA) and the larger Cleveland–Akron–Canton combined statistical area (CSA). The CSA is the most populous in Ohio and the 17th largest in the country, with a population of 3.63 million in 2020, while the MSA ranks as 34th largest at 2.09 million. Cleveland was founded in 1796 near the mouth of the Cuyahoga River by General Moses Cleaveland, after whom the city was named ...
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Optical Fiber Cable
A fiber-optic cable, also known as an optical-fiber cable, is an assembly similar to an electrical cable, but containing one or more optical fibers that are used to carry light. The optical fiber elements are typically individually coated with plastic layers and contained in a protective tube suitable for the environment where the cable is used. Different types of cable are used for different applications, for example, long distance telecommunication, or providing a high-speed data connection between different parts of a building. Design Optical fiber consists of a core and a cladding layer, selected for total internal reflection due to the difference in the refractive index between the two. In practical fibers, the cladding is usually coated with a layer of acrylate polymer or polyimide. This coating protects the fiber from damage but does not contribute to its optical waveguide properties. Individual coated fibers (or fibers formed into ribbons or bundles) then have a tough ...
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Zayo
Zayo Group Holdings, Inc., or Zayo Group, is a privately held company headquartered in Boulder, Colorado, U.S. with European headquarters in London, England. The company provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure. Zayo's primary customer segments include wireless carriers, national carriers, ISPs, enterprises and government agencies. Zayo Group was built largely through acquisitions; it took over thirty companies from 2007 to 2014, including AboveNet and 360networks. An initial public offering of stock raised $600 million in 2014. In May 2019, Zayo Group agreed to be acquired by global investment firms EQT Partners and Digital Colony Partners in a deal valued at $14.3 billion. Founding and acquisition history Zayo was founded in 2007 by Dan Caruso and John Scarano as a Delaware corporation. In 2007, Zayo acquired Memphis Networx, VoicePipe, Onvoy Inc, PPL Telcom and Indiana Fiber Works. In 20 ...
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PRNewsWire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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