The Ledger
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Sonnenberg: HFT firm invested millions in NY-to-Chicago microwave links to cut microseconds
“We were like, You know, investing tons of millions and millions in like microwave technology to submit packets or to ship from New York to Chicago to save literally microseconds.”
Sonnenberg traded $5B to $10B in US stocks on certain days
“I mean, I traded for eight years, and I mean, especially in the US, which is a very liquid market, I mean, some days I would trade, ah, you know, ah, five to ten billion dollars worth of, ah, of stock, so.”
Sonnenberg earned seven figures by age 25 in high-frequency trading
“I was making seven figures when I was 25, 26.”
Sonnenberg: Calvin App funded with $200k personal capital and $200k friends/family
“I've put in 200,000 dollars and we've raised like from friends and family another 200,000.”
Sonnenberg: Calvin App is looking to raise around $750k
“No, we're looking to raise less. I mean, we're looking to raise around 750.”