the.com/high frequency trading
microseconds are money, and someone built a straighter cable just to prove it.
means using superfast algorithms and infrastructure to buy and sell securities in fractions of a second for tiny, repeated profits.
from grew out of 1990s electronic exchanges, then exploded after 2005 sec reforms let computers route orders directly, turning trading floors into server farms racing at light speed.
speed unittrades measured in microseconds, not seconds
spread networks cablea straight fiber line built just for nanoseconds
flash crash 2010dow dropped 1000 points in minutes
volume shareroughly half of us stock trading volume
for instance
citadel securities — executes about a quarter of all us retail stock trades
virtu financial — claims profitable trading days on nearly all trading days
flash crash may 2010 — hft activity blamed for a 998 point dow plunge in minutes
spread networks cable 2010 — cost 300 million to shave 3 milliseconds chicago to new york