Every exchange that I know of that provides collocation has contracted standard length cable routes as part of the offering. So that’s not the gimmick. The gim

Every exchange that I know of that provides collocation has contracted standard length cable routes as part of the offering. So that’s not the gimmick. The gimmick that IEX brought to the table is that they are delaying orders a fixed amount. They own the matching engine so can trivially add that fixed amount in code. But that’s not nearly as fun to show off as a big box of spooled fiber.