3 ms·
I think you're referring to IEX, an exchange that adds a delay with those spools of fiber optics. According to wiki, "350 microsecond delay adds a round-trip de
by Ftuuky 8y ago
I think you're referring to IEX, an exchange that adds a delay with those spools of fiber optics. According to wiki, "350 microsecond delay adds a round-trip delay of 0.0007 seconds and is designed to negate the certain speed advantages utilized by some high-frequency traders".
https://en.wikipedia.org/wiki/IEX https://en.wikipedia.org/wiki/IEX
Edit: didn't saw your edit.
- neomantra 8y agoUnrelated to the 60 Minutes piece, but fiber is also spooled at network aggregation points within an exchange colo environment (at least NYSE Mahwah and NASDAQ Carteret) so that access is fair (equal latency) for all the customer cabinets.