High-Speed Data Feed
Categories: Tech
Waves of vomited bits and bytes come from the pipe that connects traders' computers into trading systems.
High speeds matter: if an event hits and a trader has a 400-nanosecond lead on dumping 10 million shares of whatever.com at $57.235 ahead of the pack, then she saves a full 3 bucks a share when the next print (after news of the bomb exploding in the company's corporate offices) gets acted upon by the masses, leaving the next print somewere in the $54 range.
High speed = trading weapon. If you're a trader, YNTF (you need the feed)...kind of like a hungry cow.