[jorgeleo]

"Banks have daily lag (pending transactions). They also stop business in the evening and resume in the morning to process all these items. That isn't feasible in a lot of scenarios."

I live in the US, and if I got to the ATM and get cash on my account, I can go to my iPhone app and see the transaction and the balance updated.

Yes, there is a nightly process, but not everything is a nightly process.

"Rarely do you have an up to the microsecond view of the markets (unless you are located appropriately and pay significant amounts of money). There is always a delay in the information's accuracy and relevancy."

Do you know what a hedge fund is?