Business Transformation
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High-Speed Stock Traders Turn to Laser Beams

High-Speed Stock Traders Turn to Laser Beams | Business Transformation |

Anova Technologies is one of the companies aiming to link stock-market data center by laser. Anova's CEO Michael Persico joins MoneyBeat to discuss the race to shave off nanoseconds in trading information.

Karl Wabst's insight:

High-frequency trading firms account for about 50% of U.S. stock trading. Nanoseconds (billionths of a second) are enough to separate profit and loss in algorithm-driven trades.


The Internet is too slow. The ROI is high enough to make building a private network cost-effective. Will the speed of computerized trading make people on trading floors obsolete? 

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Business Transformation
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