I don't think timing for trading systems is delivered across the general
internet. I would expect these to be custom designed. But then again I
am open to be proved wrong.

Regards

Mike

-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf
Of Tony Li
Sent: 18 September 2008 18:41
To: 'Marshall Eubanks'; 'Roger Sundman'
Cc: [email protected]
Subject: [TICTOC] Requirements: trading applications


 
Hi Marshall,

|Given that the financial people are concerned with millisecond
|delays,  
|10 msec
|is clearly not enough for some trading applications. See, e.g.,
|
|http://www.usfst.com/currentissue/article.asp?art=275136&issue=281
|
|"a millisecond advantage in trading applications can be worth $100
|million a year to a major brokerage firm."
|
|Much of their use of multicast is driven by such considerations.
|
|  Whether they have thought this through or not
|is another question.


Is there any bound to the amount of delay that they can exploit?  It
would seem that given a 1 ms offset, someone will work hard to exploit
that.  This simply becomes an arms race down to a femto-second.

Tony

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