Sometimes faster isn’t better. However, in the case of high frequency trading (HFT), if I can buy and sell in 75-124 microseconds, while you cannot, I have advantage. In fact, in a zero latency world, those who can process information and make intelligent decisions faster than competitors have significant advantage. This can’t miss 13 minute “60 Minutes” special on HFT will tell you all you need to know regarding how some companies are making instantaneous decisions and leaving others in the dust.
View CBS.com here