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American HFTs try to derail rival's Kent mega-tower

In the race to build giant communications masts in coastal Kent, two of America's high-frequency trading firms are trying to derail a rival.

The microwave towers would enable rapid data transmission between the UK and continental Europe
The microwave towers would enable rapid data transmission between the UK and continental Europe Photo: iStockPhoto

In the race to build giant communications masts in coastal Kent, two of America's high-frequency trading firms are trying to derail a rival.

Montreal-based trading group Vigilant Global, owned by DRW Trading, and New Line Networks, owned by Jump Trading and KCG Holdings, both want to build radio masts in Richborough in Kent.

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