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ArchiveMarch 6 2006

QUANTUM LEAP- Trading Faster Than the Speed of Light

Bank trading desks are continually seeking faster data processing to speed up deals and this is pitting technology developers against the laws of physics. Dan Barnes reports.In the big money world of trading, patience is definitely not a virtue. Traders who miss deals by milliseconds, or are outwitted by a competitor’s superior data, quickly become history. That is why they demand the best from their IT departments and do not take ‘no’ for an answer.
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However, increasingly it is not the translation of business needs into reality that the traders need to contend with but the laws of physics.

Bank trading desks now demand such huge quantities of data and require that it be processed at such fantastic speeds that in some cases they are rubbing up against current scientific limits.

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