1. Signals travel faster through the air and vacuum of space than they do fiber optic cables or electrical cables.
2. If there is an HFT trader based in the U.S. looking to trade based on events happening in Spain or Japan, they still want to get data across continents in the fastest way possible.
EDIT: Apparently other posters traded on the information arbitrage opportunity of replying to your post several seconds faster than I did. gg.
1. Signals travel faster through the air and vacuum of space than they do fiber optic cables or electrical cables. 2. If there is an HFT trader based in the U.S. looking to trade based on events happening in Spain or Japan, they still want to get data across continents in the fastest way possible.
EDIT: Apparently other posters traded on the information arbitrage opportunity of replying to your post several seconds faster than I did. gg.