Trading in 24.2 Billionths of a Second

Establishing a world record is one way of saying, “This is the best we can do as humans; now, let’s all try to beat it.” From Baseball, and the Guinness Book to the Olympics and Track and Field, we are continually striving to lift more, jump higher, or move faster. In business, the ability to react and adapt more quickly than your competitor has value. In Electronic Trading, like no other market, they can precisely assign a dollar value to that increase in speed. A trader can execute the same strategy on two systems in parallel, at the same time, in the same market, changing only one…