Friday, February 14, 2014

I have one simple request: to have frickin' bankers with frickin' laser beams attached to their heads!

Bankers using lasers.  The future's so bright they gotta wear shades.

High-frequency trading firms, which account for about half of U.S. stock trading, have adopted many techniques to trade faster—first custom-built fiber-optic cables, then microwave and later millimeter-wave transmissions. The next technology aimed at whittling away the difference between the speed their orders travel and the speed of light: lasers. We report that a small Chicago company plans to use laser devices to link the New York Stock Exchange's data center in Mahwah, N.J., with the Nasdaq Stock Market's data center in another New Jersey community, in what would be the first phase of a grid intended to link nearly all U.S. stock exchanges. Our story examines the concerns of regulators, the origins of the new technology and the implications of its use.

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