[151597] in North American Network Operators' Group
Re: $1.5 billion: The cost of cutting London-Tokyo latency by 60ms
daemon@ATHENA.MIT.EDU (Rodrick Brown)
Mon Mar 26 09:09:17 2012
From: Rodrick Brown <rodrick.brown@gmail.com>
In-Reply-To: <4F6CC4E4.5000005@mompl.net>
Date: Mon, 26 Mar 2012 08:59:34 -0400
To: Jeroen van Aart <jeroen@mompl.net>
Cc: NANOG list <nanog@nanog.org>
Errors-To: nanog-bounces+nanog.discuss=bloom-picayune.mit.edu@nanog.org
On Mar 23, 2012, at 2:45 PM, Jeroen van Aart <jeroen@mompl.net> 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 lo=
se)
>>> millions of dollars.
>> But it should be illegal to run a stock market that volatile. This can't=
end well.
>=20
> The average consumer gets a 15 minute artificial delay in trading, why not=
implement for all trades...
The average consumer shouldn't be day trading with shit market data thats de=
layed or worse with level 1 depth of the markets they're just asking to be t=
aken by the heavy quant firms.=20
HIgh frequency trading does provide a service to the financial markets as a w=
hole despite what the media and government politicians will have you think.=20=
Transaction cost has plummeted over the years and do has the barrister to en=
ter the markets.
> --=20
> Earthquake Magnitude: 4.8
> Date: Friday, March 23, 2012 14:35:31 UTC
> Location: Tonga
> Latitude: -16.2478; Longitude: -174.0706
> Depth: 119.50 km
>=20
