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A comment on Elon Musk tweets using SpaceX’s Starlink satellite internet. Parent comment

Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by jayd16 on Tuesday October 22, 2019 @11:36AM (#21324850)
Aren't they all just across the street form wall street with exactly the same network ping as everyone else?
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Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by coob on Tuesday October 22, 2019 @11:40AM (#21324916)
That doesn't help if you're transmitting information from Shanghai Exchanges to London trying to gain first mover advantage.
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Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by TomMarius on Tuesday October 22, 2019 @11:44AM (#21324965)
Why would you do that?
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Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by Tuna-Fish on Tuesday October 22, 2019 @11:49AM (#21325059)
Because there are billions of dollars/year of money in it.

Things that happen outside New York have an impact on stock prices in New York. Much of HFT is essentially companies racing each other to be the very first to act on external news/stock movements.

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Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by sudhirj on Tuesday October 22, 2019 @11:50AM (#21325081)
Because when something happens in China companies in the UK and the US that have supply chains there (almost everybody) will be affected.
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Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by karanbhangui on Tuesday October 22, 2019 @11:50AM (#21325072)
arbitrage
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Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by bearcobra on Tuesday October 22, 2019 @11:53AM (#21325111)
Real Engineering has an interesting video on why it would be useful for firms trading internationally

https://youtu.be/giQ8xEWjnBs

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Re:Elon Musk tweets using SpaceX’s Starlink satellite internet by jb775 on Tuesday October 22, 2019 @11:44AM (#21324973)
The trades originate from elsewhere around the world.
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