Algorithmic Trading Statistics: Speed Now Measured In NanosecondsNovember 17, 2011 11:33 pm
We have spotted some statistics on high frequency trading before. We spotted this today:
“for example, a firm called Fixnetix developed a microchip that can execute trades in nanoseconds.
The iX-eCute chip is able to process trades in 740 nanoseconds. To put that in context, one nanosecond is a billionth of a second.
In this environment, doing something in “the blink of an eye” is far too slow.”
Statistics Source: BBC