Future of Trading...on Mars

G

garfangle

I'd like to know what will be the future of trading once people live on different worlds/moons? The problem I am referring to is the natural time lag of information (aka speed of light) between distant points. If you live on Mars it could take about 11 minutes and 7 sec each way to send and receive a trade order/confirmation. (See mathforum.org/library/drmath/view/56304.html) Other celestial bodies could take shorter/longer times.

How can the trading market function with this degree of lag time?

Any ideas?
 
wow. this is a great question... probably what you'll have is separate markets. but you will still have the ability to trade longer timeframes if you want! i'm sure the best traders out there could do it easily.

147 days till mars express arrives....
 
Quote from funky:

wow. this is a great question... probably what you'll have is separate markets.
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however, most businesses would most likely still have attachments to earth/moon and other planets. It's not just a question of separating the market, but actaully going about the business of trading of securities of multiplanetary corporations.

Ex: If Mars Mining Co. was traded on both the Nasdaq and Marsdaq how could the trades ever be reconciled because of the time lags?
 
Quote from garfangle:

If you live on Mars it could take about 11 minutes and 7 sec each way to send and receive a trade order/confirmation.
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also, that time would vary, depending on such things as how far mars and earth are apart (orbits).
Quote from Gordon Gekko:

interesting note: gravity "moves" the same speed as light. it takes light from the sun about 8 minutes to reach earth. therefore, if the sun suddenly disappeared, we wouldn't see OR feel a difference for 8 minutes afterward.

another interesting concept: most people already know this one, but every time you look at something, you are seeing it in the past. even something right in front of you -- your own reflection in a mirror. the farther something is away from you, the farther back in time you are looking. with a telescope you could take a picture of something RIGHT NOW that is thousands of light years away. however, as soon as you took the picture, what you took a picture of is how it was thousands of years ago. you could take pictures of things that don't EXIST anymore. YOU COULD EVEN LOOK AT SOMETHING THAT HASN'T EXISTED SINCE BEFORE YOU WERE BORN! pretty amazing....
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