4 ms·
I can't find the story now, but I read about an HFT making a play on the bid/ask spreads between new york and chicago, they spent a large sum of money to build
by jhspaybar 13y ago
I can't find the story now, but I read about an HFT making a play on the bid/ask spreads between new york and chicago, they spent a large sum of money to build their data center somewhere in the appalachians to save themselves something like 3 ms in total transit time.
- junto 13y agoI think you are referring to an article called "Barbarians at the Gateways" by Jacob Loveless, that recently popped up on HN: - Web: http://queue.acm.org/detail.cfm?ref=rss&id=2536492 http://queue.acm.org/detail.cfm?ref=rss&id=2536492 - PDF: http://portal.acm.org/ft_gateway.cfm?id=2536492&type=pdf http://portal.acm.org/ft_gateway.cfm?id=2536492&type=pdf