Yes; speed is in bits: https://www.wsj.com/amp/articles/high-frequency-traders-eye-satellites-for-ultimate-speed-boost-11617289217 https://www.wsj.com/amp/artic

Yes; speed is in bits: https://www.wsj.com/amp/articles/high-frequency-traders-eye-satellites-for-ultimate-speed-boost-11617289217 https://www.wsj.com/amp/articles/high-frequency-traders-eye-...