The value of 62 milliseconds
Enough said. Technology at some level requires hardware implementation.
Meanwhile, a 15,600-kilometre link via the Canadian Arctic, to be built byArctic Fibre of Toronto, Canada, will cut the present round-trip time, or "latency", between London and Tokyo from 230 milliseconds to 168 milliseconds, claims company president Doug Cunningham (see map). Reduced transmission time will be a boon for high-frequency traders who will gain crucial milliseconds on each automated trade.