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High-speed stock traders turn to laser beams

Anova is to use laser devices for fast communication of market data

As high-speed stock traders push to trade ever faster, their newest move involves harnessing a technology that US military jets use to communicate as they soar across the sky: lasers.

In March, a small Chicago communications company plans to switch on an array of laser devices linking the New York Stock Exchange's data centre in Mahwah, NJ, with the Nasdaq Stock Market's data centre in another New Jersey community, Carteret.

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