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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (42501)	4/14/2013 5:42:41 AM
From: axial	Respond to of 46821

Re: "This includes the sudden apparition of microwave radio links on the scene -- which I have mentioned repeatedly going back to the original forum, and which I've discussed offline with Petere a few years ago -- whose latency characteristics are superior to fiber." Yep. Exactly. How High-Speed Trading Is About to Get Speedier ' ... CME Group and Nasdaq OMX have brought in a third company to build an even faster link between market data center sites in Illinois and New Jersey. The new system, according to NASDAQ-CME, can save just over four milliseconds of one-way transmission time between the two markets with the new system—a tiny sliver of time that can yield outsized results for high frequency traders operating superfast algorithmic trading systems. The link is composed of a series of towers transmitting microwave signals through several states. Those signals travel much closer to an absolute straight line from point-to-point than a fiber-optic cable that must follow the contours of the earth's terrain, bleeding precious time along the way. Backers won't say what the service will cost just yet, but one published report pegs the figure at around $20,000 per month. And they say they won't be transmitting orders over the new system, just market information. But that will enable traders who subscribe to the system to fire off trades a split second before competitors without the high speed information. ' cnbc.com --- The technology's impressive. The outcome? FIFO for few and LILO for most. A two-tier market. Microwave transmission decreases latency. Superior benefits accrue to a small number of traders, houses and clients at the head of the information queue. The rest? They get what's left. Jim