{"id":28,"date":"2008-04-21T06:55:35","date_gmt":"2008-04-21T06:55:35","guid":{"rendered":"http:\/\/meeseeks:5080\/blog\/?p=28"},"modified":"2008-04-21T06:55:35","modified_gmt":"2008-04-21T06:55:35","slug":"competing-on-speed","status":"publish","type":"post","link":"https:\/\/vukutu.com\/blog\/2008\/04\/competing-on-speed\/","title":{"rendered":"Competing on speed"},"content":{"rendered":"<p>The growth of alternative trading systems competing with traditional stock markets has been a phenomenon in financial markets over the last decade.\u00a0 The Financial Times has a nice <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/7b3304ae-0bdc-11dd-9840-0000779fd2ac.html\" target=\"_blank\">article <\/a>on the competition in Europe from these new marketplaces, claiming they typically compete on\u00a0\u00a0speed, capacity and cost.\u00a0\u00a0 As it happens, they also compete on anonymity and confidentiality.\u00a0 Some platforms even allow a trader not to decide whether to buy or to sell a stock until the counter-party reveals his or her hand.<br \/>\nBut on speed, the results are impressive:<\/p>\n<blockquote><p>&#8220;On Chi-X\u2019s system, a trade can be executed in two milliseconds, compared with about six on the LSE [London Stock Exchange].\u00a0 The blink of a human eye takes about 200 milliseconds.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The growth of alternative trading systems competing with traditional stock markets has been a phenomenon in financial markets over the last decade.\u00a0 The Financial Times has a nice article on the competition in Europe from these new marketplaces, claiming they typically compete on\u00a0\u00a0speed, capacity and cost.\u00a0\u00a0 As it happens, they also compete on anonymity and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,49],"tags":[],"class_list":["post-28","post","type-post","status-publish","format-standard","hentry","category-economics","category-marketing-strategy","p1","y2008","m04","d21","h06"],"_links":{"self":[{"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/posts\/28","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":0,"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/posts\/28\/revisions"}],"wp:attachment":[{"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/media?parent=28"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/categories?post=28"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vukutu.com\/blog\/wp-json\/wp\/v2\/tags?post=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}