$1.5 billion: The cost of cutting London-Tokyo latency by 60ms

Mon Mar 26 12:59:34 UTC 2012

On Mar 23, 2012, at 2:45 PM, Jeroen van Aart <jeroen at mompl.net> wrote:

> Valdis.Kletnieks at 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 not implement for all trades...

The average consumer shouldn't be day trading with shit market data thats delayed or worse with level 1 depth of the markets they're just asking to be taken by the heavy quant firms. 

HIgh frequency trading does provide a service to the financial markets as a whole despite what the media and government politicians will have you think. 

Transaction cost has plummeted over the years and do has the barrister to enter the markets.

> -- 
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