[151550] in North American Network Operators' Group
Re: $1.5 billion: The cost of cutting London-Tokyo latency by 60ms
daemon@ATHENA.MIT.EDU (Joel jaeggli)
Sat Mar 24 01:57:17 2012
Date: Sat, 24 Mar 2012 06:56:23 +0100
From: Joel jaeggli <joelja@bogus.com>
To: Jeroen van Aart <jeroen@mompl.net>
In-Reply-To: <4F6CC4E4.5000005@mompl.net>
Cc: NANOG list <nanog@nanog.org>
Errors-To: nanog-bounces+nanog.discuss=bloom-picayune.mit.edu@nanog.org
On 3/23/12 19:45 , Jeroen van Aart wrote:
> Valdis.Kletnieks@vt.edu wrote:
>>> The massive drop in latency is expected to supercharge algorithmic stock
>>> market trading, where a difference of a few milliseconds can gain (or
>>> lose)
>>> millions of dollars.
>>
>> But it should be illegal to run a stock market that volatile. This
>> can't end well.
>
> The average consumer gets a 15 minute artificial delay in trading, why
in data, not trading... and that really only applies to the sort of free
feeds you're getting.
Even the average consumer gets their ecn cleared market order filled in
seconds inclusive of order entry.
> not implement for all trades...
