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HFT is so latency-sensitive that it matters how physically close you are on Manhattan island.

It is so latency-sensitive that new “hollow” fiber-optic cables are being installed, because light moves faster in air than in glass.



See also how they slow down the whole network to level the field: https://hackaday.com/2019/02/26/putting-the-brakes-on-high-f...




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