New Transatlantic Cable Built to Shave 5 Milliseconds off Stock Trades
This is Evolution, period. Too bad there is no cable we could connect to Greece and just fix the problem. By Popular Mechanics.
Hibernian Atlantic is building an undersea fiberoptic cable that will stretch from New York to London. The purpose of this engineering feat? To allow computers to complete financial transactions 5 milliseconds faster than their competitors. Finance is now increasingly dominated by automated trading, and to a computer 5 milliseconds is an eternity.
Read more: A Transatlantic Cable to Shave 5 Milliseconds off Stock Trades – Popular Mechanics

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