Aussie Telco Lays New Fiber For Microsecond Trading Boost

schliz writes "Australian data center and telecommunications provider Vocus has installed two new underwater fiber links across the Sydney Harbor in a bid for the lowest connection latency between the city's financial district and the Australian Securities Exchange's recently opened data center, north of the CBD. The project involved 1.6 kilometers of custom, 312-core single-mode optical fiber cable, and was expected to deliver a route that is 400 meters shorter than existing links. RTFA for pretty installation photos."

Comments

Re:More money from the real into the virtual econo

[roman_mir]

Microsecond trading should be downright illegal.

- no it shouldn't.

What should be illegal is government preventing competition in exchanges, preventing companies from going IPO before they complete various government requirements (by which time the IPO has no way to go but down, similarly how the US gov't prevented FB from public trading when it was still at 2-4 bucks and by the time it complied with all the nonsense it was way overvalued).

It should be possible for anybody to open their own exchange and to set their own rules and then there would be competition in exchanges, some could then have their own rules, like no automated trading, etc.

Making something specific illegal with gov't legislation is only another way to prevent competition, and it's about as useful in today's world of technology as trying to invent a workable DRM solution that cannot be circumvented by some coder.