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Re: $1.5 billion: The cost of cutting London-Tokyo latency by 60ms


From: Rodrick Brown <rodrick.brown () gmail com>
Date: Mon, 26 Mar 2012 08:59:34 -0400

On Mar 23, 2012, at 2:45 PM, Jeroen van Aart <jeroen () mompl net> wrote:

Valdis.Kletnieks () vt edu wrote:
The massive drop in latency is expected to supercharge algorithmic stock
market trading, where a difference of a few milliseconds can gain (or lose)
millions of dollars.
But it should be illegal to run a stock market that volatile.  This can't end well.

The average consumer gets a 15 minute artificial delay in trading, why not implement for all trades...

The average consumer shouldn't be day trading with shit market data thats delayed or worse with level 1 depth of the 
markets they're just asking to be taken by the heavy quant firms. 

HIgh frequency trading does provide a service to the financial markets as a whole despite what the media and government 
politicians will have you think. 

Transaction cost has plummeted over the years and do has the barrister to enter the markets.

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