London Financial Latency
I do not buy the Low Latency London Financial District connections either.
If that was the case, the smart people at Standard Life would have been agile (or just present and awake actually) and sold a number of questionable stocks on the run up to Covid lockdown and got out to Cash (or lock-down resistant stocks and bought again at the bottom of the market - for my pension management fee.
It was not miliseconds it was about the 4-6 weeks where anyone with any common sense could see where it was going … and a 20% spanking to my pension was the result. Took 18 months to just recover to parity.
Biting the hand that feeds IT
