The next big thing in high-speed trading could be something pulled directly from a science-fiction movie: lasers.
The Wall Street Journal reports that some traders plan to use laser devices to link the New York Stock Exchange's data center with the Nasdaq's. The idea is billed as the first phase of creating a grid that will link nearly all U.S. stock exchanges in a way that facilitates sharing data and processing trades quickly, the Journal said.
Ultimately, these high-speed traders are aiming to converge order times with the speed of light, the newspaper reported. In recent years, high-frequency trading firms have resorted to technology designed to make trades quicker.
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