Aussie Telco Lays New Fiber For Microsecond Trading Boost 212
schliz writes "Australian data center and telecommunications provider Vocus has installed two new underwater fiber links across the Sydney Harbor in a bid for the lowest connection latency between the city's financial district and the Australian Securities Exchange's recently opened data center, north of the CBD. The project involved 1.6 kilometers of custom, 312-core single-mode optical fiber cable, and was expected to deliver a route that is 400 meters shorter than existing links. RTFA for pretty installation photos."
Random delay legislation (Score:3, Interesting)
It is time to make a global law. Every transaction should be subjected to a randomised delay between 1 and 2 seconds . Problem solved, smart people can start doing something useful again.
Re:looks like a.. (Score:4, Interesting)
Not really. Chi-X is at Global Switch in Pyrmont and there are already dedicated fibre links to the ASX colo at Gore Hill from there. This link appears to run to the CBD. Besides, there's very little volume on Chi-X so no-one trades there. It's a bit of a catch 22 - no volume there, so no-one trades there, so there's no volume. I reckon it's just used for re-reporting negotiated trades as it's cheaper than reporting on ASX. There definitely isn't enough going on there to make any money out of arbitrage or for executing hedges or anything like that.