[jonnii]

That is exactly what is happening in high frequency trading. Firms are paying crazy money to be colocated in the same data centers as the exchanges.

[akatechis]

Exactly. At an investment bank for which I used to work in NYC, they moved their datacenter to be next door to the exchange's datacenter just to reduce latency.

Because in HFT, every fraction of a second can mean the difference between 10s or even 100s of millions of dollars in profit/loss.

[gcb0]

And we as a society know that and think it is normal. Crazy.

[hazz99]

I don't think it's a bad thing - theyre business model relies upon low latency, and so they do everything they can to reduce it

[gcb0]

https://www.smbc-comics.com/comic/trading