Comment Re:Not a surprise (Score 4, Informative) 303
That's why the HFTs installed their own dedicated fiber-optic lines between key exchanges that were "straighter" than the public network to shave a few milliseconds off the roundtrip time at the cost of $100's of millions. Why do you think they did that? So they could improve their WoW latency?
That was only one of the techniques they used to manipulate the market. NY Times has a nice article about the book that brought this to peoples' attention.