On Sep 18, 2008, at 1:40 PM, Tony Li wrote: > > 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. >
I would think that you're basically correct. Whenever there is a benefit to be had by being faster and / or bigger, there will be a technological impetus to being faster and / or bigger. I would expect diminishing returns as things improve, but who knows ? Maybe in 10 years financial crises will take microseconds instead of days. Regards Marshall > Tony > _______________________________________________ TICTOC mailing list [email protected] https://www.ietf.org/mailman/listinfo/tictoc
