3 ms·
I guess I meant excluding human labor (imagine that a bunch of programmers, etc. with the necessary skills wanted to do it). Would they need to rent a building
by nearestneighbor 17y ago
I guess I meant excluding human labor (imagine that a bunch of programmers, etc. with the necessary skills wanted to do it). Would they need to rent a building next to the NYSE and put the machines there?
- hiteshiitk 17y agoYes they need to buy an office nearby to NYSE, to get fastest feeds(~ us).
- nearestneighbor 17y agoAre there no hosting / cloud services for this sort of thing?
- adw 17y agoThe network latency will kill you. You want to be in the same rack, not just the same colo, as the exchange's endpoints.
- nearestneighbor 17y agoAre those slots in the same rack auctioned or something? How does having an office in a nearby building help?
- adw 17y agoAuctioned: I believe so. I don't do HFT, but with what our company does, I've spoken to a few people who do. So take all of this with a pinch of salt, but as I understand it, your execution and autonomous trading systems live in the same rack as your exchange/dark-pool endpoints. Your slower strategies can be offsite, as is the Big Red Button to close down your positions. Still, faster's invariably going to be better, all else being equal...