News for hackers. Stuff that matters.
Re:Trading bots are running wild on cryptocurrency exchanges by eismcc on Monday April 15, 2019 @10:25PM (#19670651)
Wow! Didn’t know about these “secret” microwave networks.

Eg https://arstechnica.com/information-technology/2016/11/priva...

Re:Trading bots are running wild on cryptocurrency exchanges by caymanjim on Monday April 15, 2019 @11:58PM (#19671021)
They're not really secret, they're standard practice. Not all that widely known, but that's because they're geeky trivia to most people. There are multiple microwave relay networks between Chicago and NYC. It's neat stuff.

I've worked for an options market maker, chasing nanoseconds of latency improvements. If you want racks in the exchange data center, you have to pay more to be on one side of the room vs. the other, because the latency improvement for being a couple hundred feet closer actually matters.

Re:Trading bots are running wild on cryptocurrency exchanges by alexpetralia on Tuesday April 16, 2019 @11:33AM (#19674521)
If you are really curious, I highly recommend this blog!

https://sniperinmahwah.wordpress.com/ (Many people who work in HFT are quite familiar with it.)

It's an entertaining and fascinating "view of the inside."

Re:Trading bots are running wild on cryptocurrency exchanges by 4043D on Tuesday April 16, 2019 @12:29AM (#19671138)
Some hft firms are rumored to be using short wave radio. Everything old is new again.

https://hackaday.com/2018/05/12/hft-on-hf-you-cant-beat-it-f...