Re: The future...
"The trading systems should add up to 5 seconds of random delay to each trade to stop traders wasting money on technology and location trying to screw each other."
If the markets were truly free, yes, but that was the point regarding the broken financial system comment--markets are NOT free anymore, and no governments with the necessary jurisdiction are inclined to intervene. This is not a problem of technology, of course, but one of societal corruption.
Biting the hand that feeds IT
