Eugen Leitl wrote:
http://www.wired.com/business/2012/08/ff_wallstreet_trading/all/
Some interesting, network-relevant content there (but for the neutrino and drone rubbish).
'Rubbish' might be a pretty strong word when you're talking about the
What prevents someone to fake an earlier timestamp? Money can bend light, sure can a few msec. yi -----Original Message----- From: Naslund, Steve [mailto:SNaslund@medline.com] Sent: Wednesday, August 08, 2012 9:53 AM To: nanog@nanog.org Subject: RE: raging bulls It seems to me that all the markets have been doing this the wrong way. Would it now be more fair to use some kind of signed timestamp and process all transactions in the order that they originated? Perhaps each trade could have a signed GPS tag with the absolute time on it. It would keep everyone's trades in order no matter how latent their connection to the market was. All you would have to do is introduce a couple of seconds delay to account for the longest circuit and then take them in order. They could certainly use less expensive connections and ensure that international traders get a fair shake. Steven Naslund -----Original Message----- From: Eugen Leitl [mailto:eugen@leitl.org] Sent: Wednesday, August 08, 2012 2:02 AM To: nanog@nanog.org Subject: Re: raging bulls On Tue, Aug 07, 2012 at 05:15:51PM -1000, Michael Painter wrote: players in this space. If you want to shave off ms, using a source that takes at least minutes to accrue enough signal for a single bit is definitely not what you want. And drones across the Atlantic is way too Rube Goldbergesque to contemplate.
My favorite from the article: "But perhaps not even Einstein fully appreciated the degree to which electromagnetic waves bend in the presence of money. "
Maybe they should invest into a dense, a really low LEO sat constellation, and go by way of LoS laser. ________________________________ This e-mail may contain Sprint Nextel proprietary information intended for the sole use of the recipient(s). Any use by others is prohibited. If you are not the intended recipient, please contact the sender and delete all copies of the message.