Quote from graeco:
I believe latency is usualy .7 sec.
It is usually the same in Australia, around 600-950 ms (probably the same everywhere).
It definitely doesn't work for scalping, where ppl say that even a 56k connection is too slow. After all, you need an edge, not a (possible) un-edge.
Besides, the upstream / request time tends to be a little more even than the downstream, which can give you ugly slippage in order entry.
But regardless of all that, Day Trading should work fine.
I'll probably do the Travelling Trader thing one day...
Have Fun,
~The Scientist
P.S: By the way - For those who do not know what or how latency happens; Latency is caused by the time it takes for the information to be sent between sender to satellite, satellite to other satellites (sometimes all the way from one side of the orbit across across to the other, depending on information source), and the same thing again to the receiver. On top of that, there's often SYN/ACK (synchronize/acknowledge) between networks before data is transmitted, essentially doubling transmission time with double distance.
Well, with all that distance travelled, it will take a while to get there - Even at lightspeed, which is just 300,000km/s. And as long as E=MC2 we won't able to improve on that...
And on top of that, there's satellite processing time as well... Which adds to the latency. All in all, minimum time half a second ain't all that bad, though...
