ft.com, Zeptonics poised to rearm HFT battle, here. The Zeptonics website is very clean and very tight. It is unusual in this market to see a website that simply rolls through spec sheets that are reasonably straightforward. They have the Grace Hopper video explaining how long a nanosecond is. It’s putting points on the board Alpha geek style.
ZeptoMux seems to be the big bet for network device colo gateways. Let’s see if the matching product draws interest with any venues. That could get interesting fast. If you pull the the matching time down (by say a factor of ten) at the venue then the existing gateways providing venue access have to be reevaluated as potential system bottlenecks. Maybe they move a bunch of ZeptoMuxs to balance the end to end trading system latency on fills.
The group was founded by many of the team which set up Zomojo, one of the largest high-frequency trading companies in the Australian market, and is headed by Josh Rose, one of the founders of ITG, the US agency broker. It employs about 20 people but is looking to expand.