this post was submitted on 27 Mar 2024
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[–] Magister@lemmy.world 17 points 6 months ago (3 children)

milliseconds? We are in the nanosecond now. 10-20ns round trip on 10G or 25G card, in a server which is in the next room of NASDAQ servers to minimize transfer time. Doing millions of transactions per second.

When a packet is received on the RX line, decoded byte per byte (yes, at 25GBps), a packet is sent at the same time on the TX line byte per byte, when the RX byte with the price is decoded, the FPGA determine if you should sell/buy and send the TX byte accordingly on the bus. This takes nanoseconds.

[–] catloaf@lemm.ee 9 points 6 months ago

I don't actually work in that space, so I was being conservative with my scales, but I figured it'd be something like that. I didn't know they were doing it on FPGAs now though!

[–] Zorsith@lemmy.blahaj.zone 6 points 6 months ago (1 children)

It's disgusting to me that we're wasting this kind of computational power, as a species, for generating wealth instead of science.

[–] Moonrise2473@feddit.it 5 points 6 months ago

That's nothing compared to the useless calculations that are powering the shitcoins

[–] SkaveRat@discuss.tchncs.de 2 points 6 months ago (1 children)

aren't they adding delay lines, so everyone has the exact physical cable distance to the stock servers?

[–] nilloc@discuss.tchncs.de 2 points 6 months ago

For a while they were keeping microwave towers running to facilitate quicker transmissions. But I’m not sure what the current state is.