3 ms·
That is exactly what is happening in high frequency trading. Firms are paying crazy money to be colocated in the same data centers as the exchanges.
by jonnii 8y ago
That is exactly what is happening in high frequency trading. Firms are paying crazy money to be colocated in the same data centers as the exchanges.
- gcb0 8y agoAnd we as a society know that and think it is normal. Crazy.
- akatechis 8y agoExactly. At an investment bank for which I used to work in NYC, they moved their datacenter to be next door to the exchange's datacenter just to reduce latency. Because in HFT, every fraction of a second can mean the difference between 10s or even 100s of millions of dollars in profit/loss.