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Re: Reinventing Text and NICs
Hanno Klein / Deutsche Börse Systems <>
25 Jul 2008 3:50AM ET Typo in your response (order of magnitude), Eurex latency is less than 5ms and not 500ms. Speed of light will add on to that depending on your geographic location. Co-location was not invented by exchanges but by their customers who perceived themselves at a disadvantage due to their geographical distance from the central matching engine.
Sample data is simply not possible due to confidentiality requirements to protect exchange members. You need to approach them and not us. Tampering with the data is not an option because this opens the door to manipulation.
In the real world changes come at a cost. That is why such changes are typically incremental and are only introduced if a benefit has been proven. You doubt the due diligence capabilities of an entire industry here. Open software and specifications do not incur a lock-in as a hardware purchase does. There are more aspects than just the best technical solution to which you are reducing this discussion thread. That is why non-technical people usually run the business but I am pretty sure you are not in favor of that setup. I as a technical person do not have a problem with it and see the dependencies between the business and the technology.
Re: Reinventing Text and NICs
Hanno Klein / Deutsche Börse Systems 25 Jul 2008 3:50AM ET
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