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>As anyone with a lick of understanding in technology has to ask, why the hell do they need big spools of fiber to negate HFT systems? Can't they implement low latency time stamping much cheaper?

It's actually a quite elegant solution, and most likely cheapest: it gives you very precise, reliable, repeatable, order-preserving delay for one-time installation cost and you don't have to pay to developers, wait for software to be written and debugged and don't have to buy additional hardware!



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