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BLDGBLOG: Islands at the Speed of Light
"A recent paper published in the Physical Review has some astonishing suggestions for the geographic future of financial markets. Its authors, Alexander Wissner-Grossl and Cameron Freer, discuss the spatial implications of speed-of-light trading. Trades now occur so rapidly, they explain, and in such fantastic quantity, that the speed of light itself presents limits to the efficiency of global computerized trading networks. These limits are described as "light propagation delays.""
architecture  money  gm 
march 2011 by warrenellis
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