> The opportunity costs of time to markets in electronic trading are huge. That's probably 90% of it right there. But perhaps the remaining 10% is that the "b

> The opportunity costs of time to markets in electronic trading are huge. That's probably 90% of it right there. But perhaps the remaining 10% is that the "big swinging dicks" that run the brokerages have nothing but contempt for anyone who isn't a broker or a trader. IT is a cost center, nothing more. Even after the debacle, one of the executives said: “The IT guys were arrogant.” Well, maybe they were. And, maybe, because of the arrogant attitude the executives had, they couldn't attract any non-arrogant IT employees?