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High-Frequency Traders Use 50-Year-Old Wireless Tech

Posted by Unknown on from the get-with-the-times dept.

jfruh writes "In the world of high-frequency stock trading, every millisecond is money. That's why many firms are getting information and sending big orders not through modern fiber-optic networks, but using line-of-site microwave repeaters, a technology that's over 50 years old. Because electromagnetic radiation passes more quickly through air than glass, and takes a more direct route, the older technology is seeing something of a renaissance."

2 of 395 comments (clear)

  1. line of SIGHT by Anonymous Coward · · Score: 5, Informative

    The traders who want to keep their jobs use line-of-SIGHT microwave transmission.

    Have no clue what line-of-site is, but sounds like it doesn't transmit beyond the local building.

    Assclown submitter and illiterate editor.

  2. Re:where is the random? by beaviz · · Score: 5, Informative

    private account in the trading system that returns 3% PER DAY.

    In other words. If she invest $1000 in her account, she will have $136.423.718 after two years of trading. Insane - or she might have been exaggerating.

    ($1000*1.03^400 = $136.423.718 (200 trading days per year))