Yes

Lacey 2022-11-25 03:38:17

.

But 11 milliseconds is totally unreasonable.

Life is so unreasonable.

The background of this story is actually not understood by people who do not trade.

For market makers, the advantage of milliseconds is simply picking up money.

There is no market maker system for A-shares, and it doesn't matter if the order is placed within a few seconds.

To quantify, they will rent a house near the Zhangjiang computer room, and they will fight for physical distance.

I didn't understand before, why it would cost 600,000 a little to build an institutional channel. Order is fast.

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Extended Reading

The Hummingbird Project quotes

  • Vincent Zaleski: [quoting his father's words] Whatever you do, always make sure you own your freedom.

  • [first lines]

    Bryan Taylor: How long does it take to drive from Kansas to New York?

    Vincent Zaleski: Uh, two days.

    Bryan Taylor: You wanna do this in 16 milliseconds?

    Vincent Zaleski: Yeah, but round trip.

    Bryan Taylor: We're talking about a lot of money here, Vincent.