具有相对论延迟的通信线路中市场指令的传递

Risk Management & Analysis in Financial Institutions eJournal Pub Date : 2020-08-12 DOI:10.2139/ssrn.3672625

Peter B. Lerner

{"title":"具有相对论延迟的通信线路中市场指令的传递","authors":"Peter B. Lerner","doi":"10.2139/ssrn.3672625","DOIUrl":null,"url":null,"abstract":"The notion of \"relativistic finance\" became ingrained in public imagination and has been asserted in many mass-media reports. Yet, despite an observed drive of the most reputable Wall Street firms to establish their servers ever closer to the trading hubs, there is surprisingly little \"hard\" information related to relativistic delay of the trading orders. In this paper, the author uses modified M/M/G queue theory to describe propagation of the trading signal with finite velocity.","PeriodicalId":251522,"journal":{"name":"Risk Management & Analysis in Financial Institutions eJournal","volume":"15 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Transmission of Market Orders Through Communication Line With Relativistic Delay\",\"authors\":\"Peter B. Lerner\",\"doi\":\"10.2139/ssrn.3672625\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The notion of \\\"relativistic finance\\\" became ingrained in public imagination and has been asserted in many mass-media reports. Yet, despite an observed drive of the most reputable Wall Street firms to establish their servers ever closer to the trading hubs, there is surprisingly little \\\"hard\\\" information related to relativistic delay of the trading orders. In this paper, the author uses modified M/M/G queue theory to describe propagation of the trading signal with finite velocity.\",\"PeriodicalId\":251522,\"journal\":{\"name\":\"Risk Management & Analysis in Financial Institutions eJournal\",\"volume\":\"15 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-08-12\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Risk Management & Analysis in Financial Institutions eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3672625\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Risk Management & Analysis in Financial Institutions eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3672625","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}

引用次数: 0

摘要

“相对金融”的概念在公众的想象中根深蒂固，并在许多大众媒体的报道中得到了肯定。然而，尽管观察到一些最知名的华尔街公司将其服务器建得离交易中心越来越近，但令人惊讶的是，与交易指令的相对延迟有关的“硬”信息却很少。本文采用改进的M/M/G队列理论来描述有限速度下交易信号的传播。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

Transmission of Market Orders Through Communication Line With Relativistic Delay

The notion of "relativistic finance" became ingrained in public imagination and has been asserted in many mass-media reports. Yet, despite an observed drive of the most reputable Wall Street firms to establish their servers ever closer to the trading hubs, there is surprisingly little "hard" information related to relativistic delay of the trading orders. In this paper, the author uses modified M/M/G queue theory to describe propagation of the trading signal with finite velocity.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Risk Management & Analysis in Financial Institutions eJournal

自引率

0.00%

发文量