Episode Details

Retail trading platforms compete on data feed latency down to milliseconds, but the actual infrastructure gap between individual traders and professional HFT firms is enormous. This episode breaks down what latency really buys at each tier — from colocated servers inside exchange data centers to microwave relay chains between Chicago and New Jersey — and why the spec your broker advertises is almost certainly irrelevant to your actual trading results. We also walk through what it would actually cost an individual to compete on latency, and why that's almost always a fool's errand.