Nope, FTTH is like everyone having their own personal highway to the highway. Its not going to help congestion, probably the opposite.Jaekus wrote:
Surgery can be conducted using robotics with the surgeon in another city making extremely delicate operations in real time with no risk of network congestion. Businesses can run smoothly, etc etc.
It's not just about speed. With FTTH it's like everyone having their own personal lane on the road.
lol dilbert expert of internetDilbert_X wrote:
Nope, FTTH is like everyone having their own personal highway to the highway. Its not going to help congestion, probably the opposite.Jaekus wrote:
Surgery can be conducted using robotics with the surgeon in another city making extremely delicate operations in real time with no risk of network congestion. Businesses can run smoothly, etc etc.
It's not just about speed. With FTTH it's like everyone having their own personal lane on the road.
think you're missing the point. that's a poor justification of the expense, if that is your justification. shaving a few milliseconds off a trade. no guarantee it'll do that either, if you're trading with someone in new york. internet speed only improves your ping to a certain extent.Cybargs wrote:
yeah nobody gives a shit about the ASX. that really hurt uzique. i guess those traders don't use the internet to make trades in nyc or london right?Uzique The Lesser wrote:
yeah because australia is going to replace new york, london or tokyo as one of the major financial hubs any time soon.AussieReaper wrote:
And the financial industry - seriously getting information fractions of a seconds faster than other markets can make a difference, as many trading platforms execute entirely automated.
100Mbps will surely give you the edge.
The internet has been around a while now, the bandwidth-hungry mega-app which will change all our lives is about 20 years late and not in sight yet.Spark wrote:
the point is that it's stupid to argue that we'll never need 100mbps ie. we'll never find useful applications for 100mbps when the applications are already arriving. we simply don't know what those applications will be.
you think the finance industry doesn't use terabytes of data everyday?Uzique The Lesser wrote:
think you're missing the point. that's a poor justification of the expense, if that is your justification. shaving a few milliseconds off a trade. no guarantee it'll do that either, if you're trading with someone in new york. internet speed only improves your ping to a certain extent.Cybargs wrote:
yeah nobody gives a shit about the ASX. that really hurt uzique. i guess those traders don't use the internet to make trades in nyc or london right?Uzique The Lesser wrote:
yeah because australia is going to replace new york, london or tokyo as one of the major financial hubs any time soon.
100Mbps will surely give you the edge.
What return, exactly? Faster torrenting? The average home user doesn't REALLY need anything faster than like 5mb/sec in all honesty. You're talking about a luxury, not an investment.Spark wrote:
fibre to 'node' boxes i think at the end of streets or the like, i don't know how much copper the coalition is saying you'll need to the premises but it'll be a fair bit.Cybargs wrote:
they still need to lay down the fiber lines don't they? the difference between providing 25mb/s and 100mb/s on fiber is network capacity.Dilbert_X wrote:
Which part exactly?
yeah, it's cheaper, but the whole point of this is that it's an investment and it generates a return, so...
i know it does. my point is AUSTRALIA ISN'T GOING TO BECOME A MAJOR FINANCE CENTRE because you get quicker internet. there's a lot more to why the current trade hubs are london/nyc/tokyo than their fucking internet speed.Cybargs wrote:
you think the finance industry doesn't use terabytes of data everyday?Uzique The Lesser wrote:
think you're missing the point. that's a poor justification of the expense, if that is your justification. shaving a few milliseconds off a trade. no guarantee it'll do that either, if you're trading with someone in new york. internet speed only improves your ping to a certain extent.Cybargs wrote:
yeah nobody gives a shit about the ASX. that really hurt uzique. i guess those traders don't use the internet to make trades in nyc or london right?
5MB/s = 50Mbit down which is one of the goals of NBN.Jay wrote:
What return, exactly? Faster torrenting? The average home user doesn't REALLY need anything faster than like 5mb/sec in all honesty. You're talking about a luxury, not an investment.Spark wrote:
fibre to 'node' boxes i think at the end of streets or the like, i don't know how much copper the coalition is saying you'll need to the premises but it'll be a fair bit.Cybargs wrote:
they still need to lay down the fiber lines don't they? the difference between providing 25mb/s and 100mb/s on fiber is network capacity.
yeah, it's cheaper, but the whole point of this is that it's an investment and it generates a return, so...
Shouldn't the algos foot the bill for their own fiber? They do here in the states.AussieReaper wrote:
And the financial industry - seriously getting information fractions of a seconds faster than other markets can make a difference, as many trading platforms execute entirely automated.
It's the major finance centre of oceania. YEAAAAAAAAHUzique The Lesser wrote:
i know it does. my point is AUSTRALIA ISN'T GOING TO BECOME A MAJOR FINANCE CENTRE because you get quicker internet. there's a lot more to why the current trade hubs are london/nyc/tokyo than their fucking internet speed.Cybargs wrote:
you think the finance industry doesn't use terabytes of data everyday?Uzique The Lesser wrote:
think you're missing the point. that's a poor justification of the expense, if that is your justification. shaving a few milliseconds off a trade. no guarantee it'll do that either, if you're trading with someone in new york. internet speed only improves your ping to a certain extent.
You think the finance industry doesn't have fibre already?Cybargs wrote:
you think the finance industry doesn't use terabytes of data everyday?
um a return for the government investment once people start buying plans from nbn co.?Jay wrote:
What return, exactly? Faster torrenting? The average home user doesn't REALLY need anything faster than like 5mb/sec in all honesty. You're talking about a luxury, not an investment.Spark wrote:
fibre to 'node' boxes i think at the end of streets or the like, i don't know how much copper the coalition is saying you'll need to the premises but it'll be a fair bit.Cybargs wrote:
they still need to lay down the fiber lines don't they? the difference between providing 25mb/s and 100mb/s on fiber is network capacity.
yeah, it's cheaper, but the whole point of this is that it's an investment and it generates a return, so...
and yeah i'm pretty sure the same companies that install the trade-boxes install private and custom internet lines, on their own infrastructure.Dilbert_X wrote:
You think the finance industry doesn't have fibre already?Cybargs wrote:
you think the finance industry doesn't use terabytes of data everyday?
He's right.Cybargs wrote:
lol dilbert expert of internetDilbert_X wrote:
Nope, FTTH is like everyone having their own personal highway to the highway. Its not going to help congestion, probably the opposite.Jaekus wrote:
Surgery can be conducted using robotics with the surgeon in another city making extremely delicate operations in real time with no risk of network congestion. Businesses can run smoothly, etc etc.
It's not just about speed. With FTTH it's like everyone having their own personal lane on the road.
You think the company is ever going to actually return a profit when it has to lay expensive fiber to every godforsaken corner of the outback that wants it? The cities are subsidizing rural customers to a massive extent, and rural people hardly even need internet access. This is dumb.Spark wrote:
um a return for the government investment once people start buying plans from nbn co.?Jay wrote:
What return, exactly? Faster torrenting? The average home user doesn't REALLY need anything faster than like 5mb/sec in all honesty. You're talking about a luxury, not an investment.Spark wrote:
fibre to 'node' boxes i think at the end of streets or the like, i don't know how much copper the coalition is saying you'll need to the premises but it'll be a fair bit.
yeah, it's cheaper, but the whole point of this is that it's an investment and it generates a return, so...
return as in financial return as in what return generally means when you make a financial investment
98% of the population is urbanized. For the rural customers they're getting wireless NBN or Satellite.Jay wrote:
You think the company is ever going to actually return a profit when it has to lay expensive fiber to every godforsaken corner of the outback that wants it? The cities are subsidizing rural customers to a massive extent, and rural people hardly even need internet access. This is dumb.Spark wrote:
um a return for the government investment once people start buying plans from nbn co.?Jay wrote:
What return, exactly? Faster torrenting? The average home user doesn't REALLY need anything faster than like 5mb/sec in all honesty. You're talking about a luxury, not an investment.
return as in financial return as in what return generally means when you make a financial investment
See now he's just going for the straw man of "major financial centre", which nobody here argued - all I said was it would improve the automated trading platforms.Cybargs wrote:
It's the major finance centre of oceania. YEAAAAAAAAHUzique The Lesser wrote:
i know it does. my point is AUSTRALIA ISN'T GOING TO BECOME A MAJOR FINANCE CENTRE because you get quicker internet. there's a lot more to why the current trade hubs are london/nyc/tokyo than their fucking internet speed.Cybargs wrote:
you think the finance industry doesn't use terabytes of data everyday?
except most trade markets have completely private infrastructure, anyway.AussieReaper wrote:
See now he's just going for the straw man of "major financial centre", which nobody here argued - all I said was it would improve the automated trading platforms.Cybargs wrote:
It's the major finance centre of oceania. YEAAAAAAAAHUzique The Lesser wrote:
i know it does. my point is AUSTRALIA ISN'T GOING TO BECOME A MAJOR FINANCE CENTRE because you get quicker internet. there's a lot more to why the current trade hubs are london/nyc/tokyo than their fucking internet speed.
"most"Uzique The Lesser wrote:
except most trade markets have completely private infrastructure, anyway.AussieReaper wrote:
See now he's just going for the straw man of "major financial centre", which nobody here argued - all I said was it would improve the automated trading platforms.Cybargs wrote:
It's the major finance centre of oceania. YEAAAAAAAAH
oooooh, great riposte.AussieReaper wrote:
"most"Uzique The Lesser wrote:
except most trade markets have completely private infrastructure, anyway.AussieReaper wrote:
See now he's just going for the straw man of "major financial centre", which nobody here argued - all I said was it would improve the automated trading platforms.
okay be quiet now.ASX Group has two trading platforms - ASX Trade, which facilitates the trading of securities under ASX market licence, and ASX Trade24 for securities traded under the ASX 24 (previously known as the SFE) market licence.
ASX Trade
ASX Trade is one of the fastest and most functionally complete multi-asset trading platforms in the world, delivering latency down to ~250 microseconds.
The ASX Trade platform delivers a number of discreet trading facilities that enable customers to choose the trading environment that best meets their specific circumstances. These are:
TradeMatch - Offers the widest range of investment and trading opportunities within an environment rich in trading functionality
PureMatch - Launched in 2011, provides latency-sensitive customers trading opportunities in a subset of ASX-listed securities
ASX Group relies on its subsidiary, ASX Operations, to provide and maintain a stable, efficient and effective operational environment across all of the Group's products and market services.
From gaining access to the market, to securities, derivatives and futures trading through to clearing, settlement, registration and the provision of market information, ASX Operation's aim is to streamline operational services.
ASX's licence and key stakeholder obligations, particularly those of ASIC and the RBA, form the foundation of ASX Operations control environment and drive the management team on a path of continuous improvement and professional development.
This is New York, but I'm sure it's not all that different near the ASX.AussieReaper wrote:
"most"Uzique The Lesser wrote:
except most trade markets have completely private infrastructure, anyway.AussieReaper wrote:
See now he's just going for the straw man of "major financial centre", which nobody here argued - all I said was it would improve the automated trading platforms.
http://www.motherjones.com/politics/201 … all-streetSpread is part of a growing industry dedicated to providing hyperspeed connections for financial firms. A faster trader can sell at a higher price and buy at a lower one because he gets there first. A connection that's just one millisecond faster than the competition's could boost a high-speed firm's earnings by as much as $100 million per year, according to one estimate.
Because of this, trading firms are increasingly pushing the limits to establish the fastest connections between trading hubs like New York, Chicago, and London. Every extra foot of fiber-optic cable adds about 1.5 nanoseconds of delay; each additional mile adds 8 microseconds. That's why companies like Spread have linked financial centers to each other by the shortest routes possible. Spread's Alpha facility is one of more than a dozen similar centers arrayed along the path of its 825-mile-long, $300 million fiber-optic cable between Wall Street and the Chicago Mercantile Exchange. Spread reportedly charges traders as much as $300,000 a month to use its network. Exchanges like the NYSE charge thousands of dollars per month to firms that want to place their servers as close to the exchanges as possible in order to boost transaction speeds. Industry experts estimate that high-speed traders spent well over $2 billion on infrastructure in 2010 alone.
Traders' need for speed has grown so voracious that two companies are currently building underwater cables (price tag: around $300 million each) across the Atlantic, in an attempt to join Wall Street and the London Stock Exchange by the shortest, fastest route possible. When completed in 2014, one of the cables is expected to shave five to six milliseconds off trans-Atlantic trades.
