Market structure has incentivized rapid innovation in the oddest of places.
When firms with billion dollar war chests play in a winner-take-all game, they spend enough to literally hit the limit of physics.
Nice piece by @aosipovichhttps://www.wsj.com/articles/high-frequency-traders-push-closer-to-light-speed-with-cutting-edge-cables-11608028200 …
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