Financial Community To Float
Wouldn’t it be the answer to our prayers if the entire financial community were dispatched to floating mid-ocean data centres?
In one fell swoosh all the greedy selfish people would be gone – never to irritate us again.
Dr Alexander Wissner-Gross of HarvardUniversity has told an American Physical Society meeting that exploiting the latency in optical comms could become a new shot in the locker for financial traders.
Because of the fact that prices can differ between geographies, a trader with the shortest physical comms links can take advantage of a pricing anomaly before a trader whose buy/sell signal has to travel further along the optical networks.
Therefore the most successful trader should be located at the mid-point between the major markets.
“If you’re positioned between two major financial hubs, you may be far out of the way, rather far from population centres, maybe economically poor, but because of your unique position, that could be a natural resource,” says Wissner-Gross.
So, c’mon you financial guys – get packing.
Then all it needs is one intrepid soul to pull the plug out.Tags: alexander