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Stock impact report

POET Engaged by Global Financial Services Leader to Develop Custom Optical Engine [Yahoo! Finance]

POET Technologies Inc. (POET) 
Company Research Source: Yahoo! Finance
5 min read In This Article POET POET Technologies Inc. Demonstrates versatility of Optical Interposer Platform and adds new revenue stream TORONTO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (" POET " or the " Company ") (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for Artificial Intelligence networks, announces that it has signed an agreement to develop a novel optical engine for use in a high-frequency securities trading operation for a global capital markets firm. High-frequency trading (“HFT”) is a type of automated trading that uses powerful computers to execute a large number of trades in fractions of a second. The multi-phase project is a pioneering effort to increase the speed and decrease the latency inherent in current transceiver solutions utilized by securities trading operations. The first phase of the project will begin immediately with POET designing prototyp Show less Read more
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