After picking holes in banking infrastructures, and the lack of integration
the institutions have with today’s connected world, there is one part of the
market that really gets technology. They do not just get technology, but they
lead in it.
The investment markets are more than just connected with the world of
technology today. They are integrated with it.
You only have to look at the exchanges, like the refreshed London Stock
Exchange (LSE) and upstart Chi-x, to hear of trade processing taking place at
the speed of light. Here are the latest stats to process a trade on LSE and Euronext:
2005 October 2007
LSE 140 milliseconds 6 milliseconds
Euronext 200 milliseconds 5 milliseconds
To put these speeds in context, the human eye takes around 200 milliseconds to