(Photo credit: Rutgers University http://edison.rutgers.edu/index.htm ) Not quite 150 years before High Frequency Trading has become the bugaboo beast, dominating markets with enormous (if at times tenuous) order volume in exchange for order flow revenue for the financial exchanges, there was a dramatic technological leap of a greater order of magnitude, courtesy of Thomas Edison, which upended the "old order" on the stock market.
Steampunk HFT 1869: Edison's quadruplex
Steampunk HFT 1869: Edison's quadruplex
Steampunk HFT 1869: Edison's quadruplex
(Photo credit: Rutgers University http://edison.rutgers.edu/index.htm ) Not quite 150 years before High Frequency Trading has become the bugaboo beast, dominating markets with enormous (if at times tenuous) order volume in exchange for order flow revenue for the financial exchanges, there was a dramatic technological leap of a greater order of magnitude, courtesy of Thomas Edison, which upended the "old order" on the stock market.