back to article Would you spend $300m to save 6ms?

How much is getting trades done 6 milliseconds quicker worth? About $300m, as it turns out. A new transatlantic fibre cable promises to reduce the languid 65-milliseconds it take to transmit a trade between London and New York time to a quicker 59ms. Traders are expected to line up to use the new service and pay extra for the …

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  1. Tom Chiverton 1
    Coat

    !Fiat

    Never mind a Fiat at 75 mph, where's my Delorean at 88 gone !

  2. Anonymous Coward
    Anonymous Coward

    What an odd article...

  3. Shaun 2

    Nice to see the Reg ignoring it's own perfectly reasonable analysis of the Cern data, and using the Daily Mail's idiot friendly "science broke, Einstein an idiot" report as a base for it's future tech reports.

    1. Anonymous Coward
      Anonymous Coward

      Nice to see someone complaining about the choice of an idiotic article not knowing how to use apostrophes.

  4. Graeme 7
    WTF?

    Move Location?

    If all this is being done to speed up the automatic trades why not just move the computer across the Atlantic?

    I guess the computer may be using data on a combination of markets at once, but presumably any other computer would just have the same delays and the playing field would still be flat anyway. So any decision based solely on the NYSE should be done by a computer in NY and anything on multiple markets should be in Greenland or where ever is suitably in the middle (perhaps another couple in Hawaii and Iran?).

  5. Captain TickTock
    Joke

    Now we know...

    ...where all the funding for time-travel research is going to come from...

    TimeCop here we come.

  6. Stephen Channell

    arbritrage

    Depending on where the fibre terminates on-shore (lots of current strands terminate in Bristol to avoid anchor damage in the dover straits) , there could be an opportunity to arbitrage dual listed equities

  7. Nathan 13

    Why not

    Build a small island in the middle of the ocean exactly half way between London and New York, then the transmission time would be only 29.5ms to either point. They could make a killing!!

    1. AdamWill
      FAIL

      er, no.

      except that no useful information would actually be generated on the tiny island in the middle of the ocean: ultimately it would still be in the business of transmitting information from one end of the line to the other. 29.5ms to get the data from NY, 29.5ms to transmit it to England, adds up to...oooh lookit that, what a coincidence!

      1. Shaun 1

        They could move all the market traders there as well

        1. Bah Humbug

          We could send them there on a boat. We could call it the B-Ark.

  8. elderlybloke

    The speed of confusion

    While viewing that other form of electronic information , I sometimes see those Americans huddled in front of multiple screens with graphs all over them.

    They all seem to be frozen ,staring at these speedy information providers and seldom moving.

    What is the point if the human brain (American version) is very slow in reacting?

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