HF based high-frequency trading.. fascinating. Here’s a second more detailed article.
Traders appear to be testing the idea of using shortwave technology to convey data between the CME facility and key exchanges around the
Data transmission towers stand in a field in Maple Park, IL on Friday May 25, 2018. Photographer: Christopher Dilts/Bloomberg *** Local Caption ***
globe — a few millionths of a second faster than rivals. That can be the difference between winning and losing in high-frequency markets, where the ferocious battle for being first continues to escalate.