This Hedge Fund Wants to Use Atomic Clocks to Beat High-Speed Traders

[Banjo]

Patent application no. 14/451,356 has one goal: to outrun the speed demons of Wall Street.

http://www.bloomberg.com/news/artic...-a-killer-flash-boy-app-and-you-can-t-have-it

 

[Sig]

Patent application no. 14/451,356 has one goal: to outrun the speed demons of Wall Street.

http://www.bloomberg.com/news/artic...-a-killer-flash-boy-app-and-you-can-t-have-it

Seems like a completely undefendable patent to me, how could they possibly know and then prove that another entity was using this method as well?

 

[Martinghoul]

This isn't really new news...

 

[newwurldmn]

I would have figured Renaissance would have a large HFT trading arm themselves. It sounds like something they would have pioneered in the first place.

 

[Martinghoul]

There's quite a few discussions of all these topics on NucPhy.

 

[RedDuke]

If anyone can pull it off it will be geniuses in Renaissance,.

 

[Rationalize]

it's a pretty simple idea
basically adding known latency
then synchronising to take liquidity
amusing that ren tec is doing all this to pay the spread.