Replies to post #56711 on 02 Secure Wireless, Inc. (OTOW)

[johnsyn]

You'd think not. After all, most of wallstreet is gone employee-wise. Greatest majority of trades done not by floor people, but by computer. First and last hour of trading is when the high-speed trading is done... I'm really at a loss by the claims of someone who I really wouldn't trust, expect him to try to shrug off what I well know his company is doing. LOL, they move those computers as close as they can to wallstreet, pay premium prices for rent, just so they can have those nanosecond edges over the competitors. Just like claiming the computer trades actually smooth out extreme jumping around in price. You just may be right, about the 9%, but IMO, 3%- iffy.
OTOW has pretty bid spread this morning.

[nagoya1]

I have to agree with you,POTENTIAL, is a great word to describe OTOW. Sorry to hear that you cannot see 3%, there is always laser surgery. GO OTOW

[johnsyn]

And then, I read this, which gives even less credence to "over the phone is 90% of trades" which this article's technology makes OTOW latest pps and Bid/Ask info even more instantaneous:
Market Data to 50 Destinations from 1 Box in 7 Nanoseconds
.June 19, 2012
Tom Steinert-Threlkeld SECURITIES TECHOLOGY MONITOR

An Australian financial technology startup Wednesday will be demonstrating at the 2012 Technology Leaders Forum of the Securities Industry and Financial Markets Association.a market data 'switch' that can sent a feed out 50 different destinations in under 7 nanoseconds.

That, says Zeptonics of Sydney, makes the device "ideal for 'fan-out' trading applications,'' from sending out of market data to monitoring networks.

The device works like an electronic version of the old patch panel type of telephone switch, said hardware principal David Snowdon. Connections between ports can be patched and re-patched with remote management software.

The market data swithc is aimed at brokers. trading firms and exchange operators. The device, called a ZeptoLink, works almost 100 times faster than packet switches that currently send out multicasts of market data, to reach recipients, the company claims.

The ZeptoLink device will be commercially released by the end of the year and is a counterpart to the ZeptoMux, released earlier this month.

That device was billed as the "world's fastest switching device,'' taking data in from one wire and sending it back out to another wire in 130 nanoseconds, according to Snowdon.

That, he said at at the 2012 Technology Leaders Forum and Expo of the Securities Industry and Financial Markets Association. is about one-fourth the transit time of Arista Networks switches, by his estimate.

Arista Networks is the brainchild of Sun Microsystems co-founder Andy Bechtolsheim.