Large Arks Being Built In South America??

Quote from Pekelo:

Since I missed my Triangulation 101 class can someone tell me:

1. As I am closer to London, I am getting farer from NYC and vica versa. So I don't really see the advantage of this optimum point. The distance between 2 points is still going to be the same. Maybe trading 3 or more exchanges has an advantage, but I don't see it with 2 cities only.

2. I thought wired trading was still the fastest. How do they trade wired from a boat? Or can via satelite be faster???
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I presume boats would be wired to underwater fiber.

Let's assume latency from (A, NYC) to (B, London) is 6ms.

You're trading a stock and monitoring PriceA and PriceB.

If you're only trading on one exchange or the other, I think you're right about there being no benefit. You'd make your trading decision 3ms faster than anyone at either exchange, but it would still take 3ms for your order to reach the exchange.

However, if you need to trade on both exchanges, the midpoint is the best place to make your decisions. Also should be a good place for an exchange itself if they want to suck volume from the geographically disparate ones.

I believe once an exchange is set up in the ocean, though, and takes any significant volume, that all the normal exchanges will just cluster together and consolidate. Just seems more trustworthy to me.

Though, sometimes I think my orders are lost in the Bermuda Triangle already..
 
Quote from marketsurfer:

@jackie. Thanks for posting that article. My intel advises that these boats are being built right now.......

The end of world, Alex jones types are having a field day with the information believing these massive crafts are being built as arks to save humanity from the coming great flood.

Much of the conspiracy media has already reported these arks being built in south America as nit to attract attention.... I have a few gueses as to who is funding but I don't want to spread any blasphemes rumors just yet......
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Art Bell was better at doomsday than Alex Jones could ever be!:D
 
Quote from Gabfly1:

Will it be anything like those riverboat casinos I've heard so much about?

"The ultimate in free market exchange?" Does that imply no regulation or transparency? We all learned how great that combo can be, eh?
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Nobody on this board was alive when mkts were free of regulations.

Please do elaborate on your statement.
 
This must be a joke!

Nonetheless, if it happens I'm in!

Those South Americans are crazy. That is a very creative way to make money though. They're basically screwing their governments out of any taxes on incomes gained through trading.

If it happens I wonder how governments would deal with it.
 
Quote from caementarius:

You're trading a stock and monitoring PriceA and PriceB.

If you're only trading on one exchange or the other,
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The article said they are arbing the small price differences between 2 or more exchanges. So there is no advantage with 2 exchanges, but if we have 3, I assume the ship can be anywhere in the triangle made by those 3 exchanges and that would give an advantage over another trader, who is not in the triangle.

I don't really see how they arb 3 exchanges, you only need a price difference in 2...
 
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