Friday, March 4, 2011

Picosecond trading, not a problem

But in recent weeks trading geeks have started to talk about picoseconds in what is a truly mind-boggling concept: a picosecond is one trillionth of a second. Put another way, a picosecond is to one second what one second is to 31,700 years.

Speaking at a London conference on Tuesday, Donal Byrne, chief executive of Corvil, a high-speed trading technology company, caused a ripple of audible incredulity throughout the room when he suggested that trading speeds could be reduced to picoseconds in the not too distant future. Financial News
Not a problem. We are talking entropy trading. For every fast Fibonacci, there is the most optimum slower Fibonacci, and so on. We create the  real problem at the two minute Fibonaccis, the one that replaces the fund managers. At that point we have a gaggle of managers in Ben's office looking for handouts...except Ben will be the three minute Fibonacci.

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