3 ms·
What happens in the global market if a single person consistently has a timing advantage over every other participant(because the barrier to building a global s
by oh_sigh 6y ago
What happens in the global market if a single person consistently has a timing advantage over every other participant(because the barrier to building a global satellite network is too high/costly for anyone else)? Could Elon come to own the entire market, or is there some limit to the powers of arbitrage?
- logicchains 6y agoIf a single player was capturing the entire arbitrage market, they'd be earning enough to justify other players building their own satellite network to capture a piece of the pie.
- sargun 6y agoHFT firms make a lot of money...but space launch is even more costly. :(
- alexpil 6y agoit'd be rather interestink. but shortwave will be competitive with spacex, although at, of course, lower capacities. for inter-market trading, sub-ms latency differences don't matter that much.