Buying stocks by the speed of light, in the middle of the ocean
April 7, 2011 7:24 PM Subscribe
"..the time it takes light to propagate
posted by stbalbach (138 comments total)
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between [stock] exchanges, for example between New York and London, is now a limiting factor in [financial] trading.. enabling traders to buy low and sell high [ahead of others].."Based on research
(pdf) by Cameron Freer
and Alexander Wissner-Gross
, "..many of the best places to maximize chances of buying low in one place and selling high in another (for example between New York and London) were [often] located in the world's oceans.. In the long term there is the possibility that new infrastructure deployed in new places, including on the ocean, would be advantageous. That's about all I can say at the moment, it's a very secretive industry."
It's no secret that Nova Scotia is the optimum land-based trading point between London and New York, in case your interested in making money by the speed of light. Similar to the coveted geosynchronous orbit
locations in space, it's possible to imagine a future where certain land-based points on earth become high value for their shortest-distance between two or more key points (cities).