how wonderful...
how wonderful to read an article about networking and not see "Cisco" mentioned once.
Not that I have anything against Cisco, but it is most certainly not a Cisco-only world, despite what your network manager would tell you...
NYSE Euronext, which operates stock and options exchanges from ten data centers worldwide, has picked Juniper Networks as a primary backbone infrastructure supplier for a pair of redundant data centers that'll consolidate operations in New Jersey and outside London next year. Steve Rubinow, NYSE Euronext's chief information …
For god's sake, it's only been a few years since the last meltdown caused by automated trading systems running away in a positive feedback spiral. Anyone who knows anything about economics and about cybernetic control mechanisms would see in an instant that a bit of packet delay is a *good* thing; it amounts to putting some damping on the feedback loop.
Err, no. When you're running big arbitrage positions it's the delay that causes the problems.
As for "a meltdown caused by automated trading systems running away in a positive feedback spiral" I think you'll find that shit coding and stupidity cause problems wherever they surface but it doesn't mean that things shouldn't advance, just that people should take more care over what they do.