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In response to
"High volume traders stealing trades microseconds before other investors and then reselling them. "
by
Volnelk
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It's the Wall Street version of a cable modem helping with HSX trades in the late 90s.
Posted by
David (aka David)
Mar 30 '14, 17:21
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I guess that's probably why we would have considered it before most people.
Like, folks from Goldman Sachs were stunned by the revelation.
One company spent $300 million to improve their connection by 3 nanoseconds. That's just the one reported in the story. I'm sure there were billions of similar investments.
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